hi billyen,I’m new to the Stockmarket and GLN is my third ever...

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luke086

2 Posts.

10/03/19

22:30

Post #: 37714499
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Originally posted by billyen: ↑

I think so.

I'm not pulling these numbers out of the air...I've spoken to ppl. a lot smarter then me over the past few months...all GLN have to do is feel in the blanks tomorrow and CONFIRM everything.

If ppl. don't believe the numbers or the valuation...you sell.
If you understand the valuation and believe in GLN...you hold and the SP moves up to the higher valuation of a possibly 2M-3M ton JORC.

Further drilling will just confirm it and the stock is DE-risked.

You don't buy stocks...you buy RISK in the market.
Those of you that follow me...know I live by the Risk/Reward ratio.

At $2-3...GLN will have more data and maybe even a JORC but, Why buy then.
I know many will sell at $1 and $1.20 tomorrow and that's ok I guess.

GLN just has a bit more to go IMO and stocks like GLN don't come around that often.

The Risk/Reward ratio is important to me but, the MIRROR test is the one that says with you forever.
I've STILL remember sell I shouldn't have made to this VERY day.
I see things I could have that I can't have...I was in the right stock but screwed up by selling...

IMO
DYOR!!

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hi billyen,

I’m new to the Stockmarket and GLN is my third ever stock to buy so as you can probably imagine I’m quite excited by the current situation.

One question I do have for you as you seem to know a lot more about the market than I ever will is, would you recommend buying more tomorrow morning when the stock market reopens or just sit on what I currently have? I don’t have much shares at all in comparison to a lot of people on this site and I’m just unsure if the general consensus by everyone on here is to sit or buy more.

Thanks in advance for any advice or informative information.

GLN Price at posting: 61.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 14.0¢		Change 0.000(0.00%)		Mkt cap ! $60.50M

Open	High	Low	Value	Volume
14.0¢	14.5¢	13.5¢	$232.3K	1.669M

Buyers (Bids)

No.	Vol.	Price($)
23	2178553	13.5¢

Sellers (Offers)

Price($)	Vol.	No.
14.0¢	746751	10

View Market Depth

No.	Vol.	Price($)
1	50000	0.115
7	472031	0.110
11	947628	0.105
25	1490999	0.100
2	20000	0.099

Price($)	Vol.	No.
0.125	1573785	9
0.130	254710	7
0.135	293280	3
0.140	225541	3
0.145	344396	6

Last trade - 16.10pm 22/11/2024 (20 minute delay)

GLN (ASX) Chart