GDR goldstar resources nl

You would expect a producer to follow a commodity price but the...

  1. 401 Posts.
    You would expect a producer to follow a commodity price but the link isn't as strong with a smaller cap prospector for the commodity.

    There are a number of other factors that influence price for a company at this level, especially on a day to day basis. Market sentiment for Victorian gold stocks i'd have to say isn't flash following the Bendigo disaster, thats likely to be a drag on GDR.

    Patience is the key here - i'm a long term holder of GDR and have confidence in this management in getting thing right. I know they are frustrated with the slow turn around of the labs for the analysis work and the market is waiting for those results. Those with the patience too wait will be rewarded imo.

    L
 
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Currently unlisted public company.

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