GAU great australian resources limited

quiet week for gau

  1. 10,902 Posts.
    lightbulb Created with Sketch. 243
    People seem to be getting a bit antsy over this one.

    I have held on and off since it listed and have kept topping up (based on advice from people who I think are in the know) As i said this morning its just impatience and a few traders who have jumped out.

    Last week when they hit 30, 99 times out of 100 I would have jumped out and said thanks very max muchie, but I think these boys have got their act together.

    I'm pretty sure they are looking at a placement at 30 quite soon and I think they have some rock sample testing from cambodia to come in reasonably soon.
    As well as other testing from their other projects.

    Admittedly they will need to do alot more work in cambodia before people start to get really excited about it though.

    With pretty much no real news GAU has easily been able to jump from 20 to 30 and solidify its position at around 25 .

    Just wait until some positive news does comes out, I would expect to say bye bye to 30 quite easily due to low number of shares on issue.

    I'm holding.


    Cheers

    MC Camma

 
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