Post by
nanaimo16 on Jan 17, 2015 4:17pm
What the Charts say about GOD.... my take
GOD's website indicates $3million cash in the treasury and evaluation of projects " to increase shareholder value". Looking at the chart thingy ... we are presently in the "DISH". What I can see is easy 0.065c where this can be quickly. "IF" this breaks over 8c we are in the territory to get into the teens . The recent activity we can agree that this is undervalued because of the cash and future income . So I suspect that there will be an announcement of project deals of the evaluations presently taking place. Market cap very important to watch... but that can be muddled cause the new projects wont be pinned down until exploration commences. bla bla bla
Comment by
Cooper123 on Jan 17, 2015 4:55pm
I would not buy any V stocks that do not have at least a years cash. No money in these markets is the same as bankrupt. Lots of small cap are broke so GOD could also easily find a good joint venture on the cheap and still have money to burn. West Africa is very low cast labour and mining so we can survive till the cows come home.
Comment by
nanaimo16 on Jan 17, 2015 5:05pm
yup, cash in Gods pocket is king. God may very well have an announcement of new projects that are not in Africa. The Burkina elections are not until November 2015 and presently there is an interim government with a military support. Previous leader is out ( gone to Ivory Coast) His party apparently is banned from this years election....looking forward to new project announcement.