I think you’re right BQ... but so is TT, if that makes any sense
Suspect GTE learnt a lesson after the rather silly statement in an ASX Ann instead of maybe a publicity release, that some outcropping would “raise the eyebrow of even a seasoned geologist” which saw us at 3c and seems to have been not much more than a lump of granite as far as I know... Now GTE seem to be deliberately playing it Cool.
But BQ is right. We don’t need hype, but we do need a lot more info and promotion of the concept. I’m in too deep to sell, but even I’ve stopped averaging down, (I know), despite believing there is a discovery to be made here if they persist. The market needs info and promotion (different from hype) to buy into this story. They are proceeding with Plan A to diamond drill - but the market is not convinced because the Ann failed to explain the justification. They need to come out immediately with an Ann that says they recognise this based on the market reaction and explain what they hope to achieve and the precise timeframe for this and subsequent phases of the project.
It ain’t Cool any more, Jordan.
GTE Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
), despite believing there is a discovery to be made here if they persist. The market needs info and promotion (different from hype) to buy into this story. They are proceeding with Plan A to diamond drill - but the market is not convinced because the Ann failed to explain the justification. They need to come out immediately with an Ann that says they recognise this based on the market reaction and explain what they hope to achieve and the precise timeframe for this and subsequent phases of the project.
