OTCQX:GTBAF - Post by User
Comment by
touaregon Nov 20, 2019 4:41am
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Post# 30372684
RE:Tell me about 80 meetings in 2 days again
RE:Tell me about 80 meetings in 2 days again I have asked myself this question.. not so much focused on the meetings but remembering the years between 2003 and 2011 when a story like this would have attracted a lot more interest / money. If it was 2010 now we would probably be a $20 stock by now.
But times have changed.. there is a lot more caution in this sector these days. Gold has moved up from its bottom in late 2015 yes but overall sentiment is still very cautious in comparison to those heady days before the 4 year correction between 2011 and 2015.
Speculative high risk gambling style investment has become much more common place too and Crypto currencies and Cannabis have attracted huge amounts of the big momo money 'I want it now' crowd who were piling into gold and silver in 2009 - 2011 but haven't returned to PMs... YET.
They will though.. and when they do stocks like GBR will go parabolic.. and all the those back of the envelope calcs will go out of the window and sentiment will rule the day. I hope GBR is still trading when the first waves start to hit the sector but who knows? I expect the majors will be aware of this too and want to get their hands on Dixie before such heady days return. It's very hard to gauge the timing of these things but I am hopeful we will see some fireworks in 2020. Both in the sector as a whole and in the GBR space!
Hang onto your shares would be my advice but I don;t really care what you do lol.
HansonLockyer wrote:
Last week CT attended 80 meetings in 2 days I think he said? Where are the buyers then? This stock should be over 10.00 based on his road trip alone. EXPLANATION PLEASE