Hi Botcap,
Your post of yesterday explained exactly today's trade.
For holders recently bought at around 1 cent indeed this short term profit is quite nice. Because IMO if results are not good, than were back at 0.8 - 1 cent in no-time.
On the other hand GRM has been sold so heavily in 2011 that if the results are good we going to see a huge rise within a couple of days. Closing the gap around the 3c mark than certainly is an option.
Best of all is, if the first hole results are good, we may expect more positive announcements from a couple of other holes.
So even if we run to three cents I 'm not going to sell all my shares in GRM. But I have to say GRM atm is really high risk high reward.
Cheers, Conrad
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