GMD was like this, good goldie with interesting projects and great management. Was sold down relentlessly from Sep 2016 through to Sep 2017, 12 months of every positive announcement being sold into the SP getting smashed lower and lower. Got down to 1.4c which was truly crazy (i though it crazy cheap at 1.6c). Then a couple of positives announcements (which did little to the SP at first) and the momentum changed, more good news and the sellers were gone. Here we are at 3.8c and I wish I bought more!
EGA will turn and I'm betting the news flow over the next 8 weeks will do it once those options are gone.
EGA Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
