Reality check, page-3

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10/10/19

19:40

Post #: 40822562
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Originally posted by Goldinvestunite ↑

How can GOR shares close at $1.175 today given the following:
1. GF sold its shares (87m) on 23 August 2019 for $1.45, some 23% higher than today's closing price.The closing price on that day was $1.575 so even GF got stitched up by MQB in favour of its clients..
2. MQB declared on 22 August 2019 that it owned 110m and no longer owned them on 27 August 2019. MQB had purchased 7.8 m shares in addition to GF's shares at $1.45.

It is obvious that the present GOR share price is being manipulated and this has been going on for months. The commercial production call should have shaken the tree of short sellers but it hasn't yet which shows the shorts are dealing with themselves and are simply there as a threat.
The real game is the suppression of the sp in a price channel for t/o.

Unless another big player enters I think GOR will be taken over for a pittance. It is fine to say there will be other bidders but the present player has collected many shares from the weak knees brigade and has effectively marginalised the retail shareholder.

Even if Gilmor is fantastic how can GOR management weather the inevitable low bid from the current player. Even $2 would be an insult given the price action of EVN, NST etc etc

Keep The Faith

Gold Investors Unite

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Might explain goldfield exit from GOR register as a cornerstone investor. With goldfields off the register it makes GOR a cleaner takeover target!

Does Goldfields know something we don’t?

GOR Price at posting: $1.18 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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