OK , what to do now . 35 years of buying mining stock has taught me a few things . i already missed the boat to sell. So i hold . I last bought 2000 at 175 - i have bought continuously from 70 cents . It's good for those who sold at 175 & good for those who went short . But i will hold . I don't short stock & i don't use borrowed money . I have stopped buying - not that i have much to buy with to be honest . Already sold the other specers a month ago thank goodness - because i could buy them back 30 per cent less now . I did as much work on Gold Road as one could reasonably do . The fact that they could pay 38 million after about 5 months production says a lot .Sure the funds will trade around with it , it's nothing special to them , just a trading opportunity . GOR hasn't spun you any BS pump up reports , just stated the facts , this is how it should be . Presently if you have any funds available , GOR is a company with first rate management , who have the runs on the board . Given the overall political / economic / biological environment , i don't think gold is a bad bet .
OK , so 175 is a nice price , but 125 isn't that bad given the overall situation . Sure , it is difficult to hold a position under constant pressure . I remember many years ago , Ashton Mining was recommended to me , buy a leading stock broker - it took a few years to establish it's credentials , it had it's up & downs & market falls - it turned into a 5 bagger .I believe Gold Road to be a very promising stock - why throw it out when the overall market is down . In short , don't use borrowed money & don't panic out of a good position , good stock will reward in the long run . sit tight. All learnt the painful way. ho0pe this helps .
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Last
$1.80 |
Change
0.020(1.13%) |
Mkt cap ! $1.944B |
Open | High | Low | Value | Volume |
$1.79 | $1.80 | $1.78 | $7.416M | 4.144M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10298 | $1.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.80 | 52399 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5754 | 1.780 |
1 | 5754 | 1.775 |
2 | 6254 | 1.770 |
1 | 5754 | 1.765 |
2 | 8668 | 1.760 |
Price($) | Vol. | No. |
---|---|---|
1.800 | 23149 | 2 |
1.805 | 19715 | 2 |
1.810 | 7320 | 2 |
1.815 | 45668 | 3 |
1.820 | 71871 | 8 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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GOR (ASX) Chart |