GMN looks ready to pop up for a nice rebound.
IMO good exploration results can really take this little dynamo up to 30-40c plus, fast.
The company needs to really emphasise how SHALLOW their gold findings and 3D modelling shows the potential deposit to be.
The initial 2m×2m bulk sampling where they got free gold in 35 out of 37 holes was literally at surface. The 5m×5m is again at or near surface. If the 5m program shows plenty of free gold then they are much much closer to being able to mine the stuff then first thought. That means less time & $ spent on expensive drilling as well.
I had a good look at their 3d modelling from earlier announcements and the magnetic images show the metallic signature is very close to surface. This may explain why they got free gold in almost every 2m sample hole.
Good luck to all!
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.72M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $3K | 2M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
81 | 160775120 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 30378699 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
34 | 45166665 | 0.003 |
26 | 45978759 | 0.002 |
24 | 92133164 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 15869403 | 14 |
0.005 | 19521990 | 20 |
0.006 | 11667855 | 11 |
0.007 | 3207586 | 8 |
0.008 | 11551757 | 8 |
Last trade - 12.45pm 22/11/2024 (20 minute delay) ? |
GMN (ASX) Chart |