look around. on a YTD basis, same performance as NCM. calm down. if you don't believe me, use your trading terminal to chart GOR against the GDX and NCM. not that far apart. it's a one mine operation. there is risk around that. it will get sold down harshly, because they are not a diversified miner. a quality miner, nevertheless. and if we want outperformance relative to other gold miners, we probably need a big resource extension within or near current pit or a new discovery, or corporate development.
for what it's worth, I have a capitulation for gold scenario at 1680, and worst case scenario (in my opinion only, based on technicals) of around 1540.
Dipping the toe in now, but under no illusions if this along with gold and other miners take another hit in capitulation scenario. upon which I will be hitting the bid much harder!!
hold your nerve.
GOR charts, page-119
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Last
$1.80 |
Change
0.040(2.28%) |
Mkt cap ! $1.944B |
Open | High | Low | Value | Volume |
$1.80 | $1.81 | $1.78 | $7.617M | 4.251M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 37263 | $1.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.80 | 215195 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 43048 | 1.780 |
2 | 34959 | 1.775 |
2 | 24959 | 1.770 |
2 | 24959 | 1.765 |
3 | 94368 | 1.760 |
Price($) | Vol. | No. |
---|---|---|
1.795 | 24895 | 2 |
1.800 | 9830 | 3 |
1.805 | 4991 | 1 |
1.810 | 93283 | 4 |
1.815 | 6283 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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