I have no intention of selling either. I see the upside here to be huge.
I also agree that there is a seller here because, apart from anything else, small cap stocks don't generally react to great news by their SP either remaining steady or even falling. I also tend to think that another deterrent to some investors might be because production at Woodlark is still a ways off.
I tend to think that with all the positive news coming out of Woodlark that their 1.2 million ounce target is very probable and larger reserves are very likely. For those willing to hang onto this stock, the longer term prospects are not only healthy profits from a working mine at woodlark but also from the emerging gold/copper story in Cambodia and eventually Fiji.
Ron Heeks comes across as a very confident fellow and I like the team he has gathered about him. With loads of drilling now at Woodlark, and which has already taken place in Cambodia, I feel that JORC resources are not far off in both countries. The potential here is for production to come online at Woodlark and Cambodia soon after. With capitol flowing in and many great tenements in the pipeline, who knows where this little gem will be in a few years time.
At this price, GPR would have to rate as one of the best speculative mining stocks on the ASX, in my opinion.
GLTA
Rhama
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Last
2.8¢ |
Change
0.001(3.70%) |
Mkt cap ! $25.17M |
Open | High | Low | Value | Volume |
2.9¢ | 2.9¢ | 2.5¢ | $49.78K | 1.855M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 62132 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 114792 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 888060 | 0.011 |
3 | 350000 | 0.010 |
3 | 7942227 | 0.009 |
1 | 80000 | 0.007 |
1 | 500000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 158392 | 1 |
0.014 | 112500 | 2 |
0.015 | 2126211 | 2 |
0.016 | 100000 | 1 |
0.018 | 71428 | 1 |
Last trade - 13.39pm 08/11/2024 (20 minute delay) ? |
GPR (ASX) Chart |