GMN 33.3% 0.2¢ gold mountain limited

Cheers @Quanta there is a lot to like about this companies...

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  1. 379 Posts.
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    Cheers @Quanta there is a lot to like about this companies prospects.

    As to why no DD or pitting results?

    I know as much as you so can only speculate......

    "Concentrate samples were dispatched to the ALS Laboratory in Perth, Australia with results and grade determination work ongoing" etc etc (from half yr rep released early march).

    So....samples are being assayed atm and have been churning through since late December 2017 (I'd hope).

    I'd say that a significant amount of assay results are ready to be released over the next 2 months...(all dependent upon ALS labs getting the job done in a timely fashion, and of course assuming that newer samples have been shipped pronto by GMN as well).

    They've had 3 months to 'ship and see analysis turnaround' for 2017 samples.....which is about normal for this style of play imo.....I for one am expecting plentiful news flow in the very near term (days and weeks, not months).

    However, they are working on a maiden JORC so perhaps they await results for a majority of samples (or all of them) before releasing anything to mkt?  Maybe the maiden JORC estimate is taking precedence?
 
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Last
0.2¢
Change
0.001(33.3%)
Mkt cap ! $11.72M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $4.889K 2.444M

Buyers (Bids)

No. Vol. Price($)
79 161053120 0.1¢
 

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Price($) Vol. No.
0.2¢ 28405911 21
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Last trade - 12.18pm 27/11/2024 (20 minute delay) ?
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