GRK green rock energy limited

need 2 announce 2day, page-23

  1. 1,856 Posts.
    "but I definitely dont think we are going to be seeing below .15 after the ann. I am hoping to see it gradually climb up to the .20 mark this week or next week (thats the amount which I purchased them for:( ) and then continue to grow as it becomes a buy for a lot more investors who will be pleased with the diversification and recent press and activity and sentiment around the industry and company. M"

    Amb, I hope you're right... With the usual mining stocks, explorers tend to fall back after a good announcement, whereas producers lurch up in a more permanent way (if anything in the stock market is ever permanent). The question is: is GRK analogous to an explorer or a producer? GDY is clearly an emerging producer: its test plant will (Quetzalcoatl willing) be up and running in months. GRK has a confirmed resource (although we won't know until water flow tests are carried out whether that resource is analogous to gold or fool's gold). But in what sense can we say that is a producer?
 
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Currently unlisted public company.

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