GRK green rock energy limited

Probably because they haven't advanced their Olympic Dam project...

  1. 2,215 Posts.
    Probably because they haven't advanced their Olympic Dam project very far, and Hungary so far hasn't delivered much for them. They have issued quite a few shares lately so need to deliver some good news to generate some volume and soak up the spp sellers.

    GHT is running because it is so tightly held more than anything (only 12 million shares in the market) - people trying to get set before any results. GDY and PTR because they are making real progress with their projects.

    GRK would take off if they announced a farm-in on Olympic Dam imo. I am less interested in Hungary - seems a bit of a diversion and interest has been ignited in Australian geothermal -(as an example PTRs share price barely moved when they announced Spanish projects but has been flying on interest in Paralana).

    Just my thoughts - I hold a few FPOS and a lot more oppies as I believe they will take off one day but have to be prepared for them to stay asleep for a while longer.

    I posted some other info from a phone call with company earlier - worth giving them a call if you want more info on their plans


 
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