GMD 3.70% $2.52 genesis minerals limited

Ann: Deep Drilling Confirms Underground Potential at Ulysses, page-12

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  1. 11,185 Posts.
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    It can't be more doomed than any other junior explorer of this value unless they have been liars about the projected $5 million cash position at the end of June. The worry is that no insiders are stepping in. They are the ones that would be able to determine if there is real value at this level. Maybe the drilling at the other two prospects isn't looking that promising. That's a possibility, it is exploration after all. Time will tell. If we don't get any announcements then we will know the problem just got harder. Esh
 
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