GBR 3.64% 5.3¢ great boulder resources limited

News: GBR Great Boulder Resources Secures A$4.5M To Accelerate Side Well Resource Expansion, page-10

  1. 1,116 Posts.
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    FWIW, technically speaking the 2 year old downtrend now looks very close to exhaustion

    possibly a small dip here to fill the gap at 5.7c under the weight of a few placement shares inevitably being flipped for pips but once that's out of the way, GBR looks primed for a very solid re-rate over the next 6-12 mths aided by the drill bit and the growing tailwind of a strengthening gold price IMO

    Disclosure: long term holder and more than doubled my holding in this latest CR given this is probably now the most compelling entry point in nearly 2 yrs in terms of TA & FA alignment IMO

    @Wack @pgrace your attention may be warranted here if it isn't already

    Screenshot 2023-11-30 at 12.19.04 am.png
 
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