GMN 0.00% 0.2¢ gold mountain limited

GMN General discussion, page-208

  1. 1,178 Posts.
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    Things might be on the move again

    @Daily
    In the Daily, I bought in at the 50/200 cross - first yellow circle - (esp since they pivoted to Li and when the SP bounced off the cross) - but the fundamentals weren't strong enough and limited communication from the company so it fell away I pulled the trigger too soon but it was basically the same strategy I used to enter LRS in mid 2020

    I then tripled down in the 003's (second yellow circle) esp since they got some leases in the same district as LRS and Sigma. So some fundamentals seemed to improving

    The 50 has turned again in the daily so heading to a cross again (red circle) - maybe (?) lol - who trusts charts eh?!

    @Hourly
    It's crossed already so maybe the TA (volume, cross) + fundamentals (even more leases with sniffs of Li in a hot jurisdiction) means a stronger upward trend Maybe this is the second chance to enter at these sub 1c prices

    For transparency I have 10M heads and 10M GMNO Still a high risk play

    IMO GLAH
    https://hotcopper.com.au/data/attachments/5388/5388133-afbfa4632625639295f7bb2ce4742786.jpg
    https://hotcopper.com.au/data/attachments/5388/5388136-489a0888eba65a302870d8dc74be4806.jpg
 
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