GMN 0.00% 0.2¢ gold mountain limited

Kwai Lou, page-7

  1. Bik
    222 Posts.
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    Yes, I've noticed that plenty of times and been burnt by impatience in the past as well. Once all the impatient have sold out, there is usually very little resistance left and the share price can rise easily. Also, with GMN having risen so fast, there are plenty of shareholders in large profit which usually results in selling over a period of time as profits are taken. Hopefully profit taking has most been absorbed now as well. I see GMN as a tightly held stock and also take comfort in the strong support they receive via capital raisings (with very little discount).
 
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