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MilesCC

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09/09/21

20:17

Post #: 55956149
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Originally posted by coto: ↑

I tend to agree with your thoughts, anyone who gets anxiety, should not be investing in high-risk junior explorers. Blue-chips or balanced ETF's are more for you. Or even a savings account if you get really worried. Imo if you invest in low caps, you need to have a mindset that there is a high likelihood you could lose all your cash and only invest with what you are prepared to lose.

Lots of Uranium exploration is coming up to round out 2021 for us, so there are exciting times ahead, especially if sentiment in the U sector stays strong, GTR should be able to take advantage of this. I understand there is a high risk involved and we will fluctuate with wider market worries like we saw today. Not many companies were immune today!

However long term I see our risk decreasing as our future drilling activities ramp up. If we get some decent hits then the risk diminishes even further. If we see some good results coming up then at the worst we will be a takeover target from one of the bigger fish. Especially with the location and land value we now hold. A company with plenty of cash will be loving to drill out all our ground! The potential is definitely there.

A strong buy at these levels for me personally and my individual risk factors. I have set a fair bit of money aside for high-risk companies because I believe the base levels of the market are here and as demand ramps up, minerals can only get more bullish from this point. IMO, for long-term mindsets, buying low is the key and anything in the 2c range is low for GTR.

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I am expecting a down turn on the share market from probably tomorrow.... unless Biden does something, expect some red on the asx...all imo...

GTR Price at posting: 2.6¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $8.2M

Open	High	Low	Value	Volume
0.4¢	0.5¢	0.4¢	$14.49K	3.461M

Buyers (Bids)

No.	Vol.	Price($)
59	40681033	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	10630011	14

View Market Depth

No.	Vol.	Price($)
56	39931033	0.004
15	9463572	0.003
5	9699000	0.002
5	9700000	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	10630011	14
0.006	7552792	16
0.007	2859630	8
0.008	1649000	6
0.009	2359074	6

Last trade - 16.10pm 28/06/2024 (20 minute delay)

GTR (ASX) Chart

GTR Chart, page-485

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GTR Chart, page-485

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Featured News

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Sellers (Offers)

Featured News