Amigos, perhaps it is time that we looked at GNM's chart. The last time GNM's shareprice took off was 4 months ago (see large blue arrow pointing to the Announcement on the top chart). You may remeber that occasion - there was a trading halt for exceptional gold at Camel Creek, QLD. The best hole gave intercepts of: "58 m @ 5.86 g/t Au (CCRC50) from 155 metres including 18 m @ 14.09 g/t Au and 1 m @ 153.89 g/t Au from 191 metres " (see 28th June 2021). Admittedly, the drill holes were at angles to the lodes, so true widths are maybe 50% narrower than quoted intervals. Nevertheless, IMO the results were exceptional and along a long strike of a couple of kilometres. Well, fast forward to today. The shareprice has drifted back to almost where it was 4 months ago - that is a bitter pill. Anyway, now we are waiting on the announcement for the results of the second round of drilling which was completed almost one month ago. By my simple calculation, the assays could be coming out soon. Back to the chart. It could be that in the last day or so, buyers have been getting a bit more enthusiastic. MACD is just starting to turn up (see last chart), Also, the PSAR (string of dots on the top chart) is suggesting that the momentum has turned in favour of the upside. I'll leave the analysis to you. Good luck.
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $2.01M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $2.722K | 219.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 528490 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 74930 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 528490 | 0.012 |
3 | 873385 | 0.011 |
6 | 1679995 | 0.010 |
3 | 933330 | 0.009 |
7 | 2089995 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 74930 | 1 |
0.014 | 482778 | 3 |
0.015 | 95241 | 3 |
0.016 | 166000 | 1 |
0.017 | 210000 | 1 |
Last trade - 12.31pm 13/06/2024 (20 minute delay) ? |
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Last
1.3¢ |
  |
Change
-0.001 ( 7.14 %) |
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Open | High | Low | Volume | ||
1.2¢ | 1.3¢ | 1.2¢ | 222700 | ||
Last updated 14.48pm 13/06/2024 ? |
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