Being longer than expected to get there, seems the most likely to me.
Thanks for replying Happytrader it makes me double check the reports and improve my understanding of whats going on, by questioning some posts here. Hopefully it helps others.
Would of thought we'd heard something about the drilling at Mt Venn by now, it must be close.
I'm more interested in the Eastern Mafic results though, it seems from Stefan's presentation (that I previously posted) that is where he thinks the source / higher grades will be. Considering that these 2nd round results will have the benefit of the DHEM results to zero in on the higher grades. It makes more sense to me to be invested now than it did for the maiden drilling. Yet investors are on the side line.
Setup for a big spike on good news, I think.
Looking at the chart RSI is in oversold territory the most oversold its been since Aug 2017. There shouldn't be much resistance going up until 39c due to the big gap down after the last assays were released. That has left many stranded at current levels. I'd assume selling will start in the 40's as some people will want to at least break even.
Good Luck Holders.
GBR Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
