GCR 0.00% 0.1¢ golden cross resources ltd

I'm no expert, but I think Friday wasnt a good day for GCR ......

  1. 74 Posts.
    I'm no expert, but I think Friday wasnt a good day for GCR ...

    First of all, they "underwrote" the 107m options by giving the chairman's company 50m worth of shares at 4.8c each.

    Secondly, they updated the results of Copper Hill which although may add to the resource, Hole 190 did not confirm the announcement of 10 days ago.

    Thirdly, Copper Hill was released at after 4pm on a Friday. For me, that doesnt promote too much confidence (although for others, it could be seen as having time to digest the results).

    After the good week, where the SP rose which no public information, I think the SP will take a hit on Monday ... guessing low 8c mark ...

    I have an interest in GCR / GCRO and am keeping the faith ...
 
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