Red day todayGGD shares on sale. Traders taking the loss. It was a month ago we hit these lows so most selling here are losing.
Permitting delays are no doubt causing anxiety among the shareholders, including management. Institutions that purchased at $2.85 must be pressuring for some reason to hold on...............Brad et al are feeling the heat. However, GGD has no control over permit timing or metal prices, nor can they control the fear for some to sell low. Obviously buyers are willing to pick up the shares on the cheap! The share price has been higher than this with lower metal prices, so fear is the rule of the day. It will take permits to turn that fear to greed. GLTA holding and buying.