GW1 0.00% 5.3¢ greenwing resources ltd

unbelievable, page-26

  1. 7,447 Posts.
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    I guess there are always risks involved with small miners but I say 'cheap' because I don't know of amy other companies with a SP anywhere near 9c who are producing metals and have the same relatively small level of debt. A few months ago they were 5 times this price. I can't see how their fair valuation is now only one-fifth of what it was then - maybe one-half or one-third. Obviously it's down to negative general market sentiment, which will likely keep the SP below fair value for some time to come, or until company developments, such as major resource intersections, demand a re-rating.
 
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1 71428 4.2¢
 

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Price($) Vol. No.
4.9¢ 24528 1
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