Bullboard - Stock Discussion Forum GGX Gold Corp. V.GGX

Alternate Symbol(s): GGXXF

GGX Gold Corp. is a Canada-based company, which is engaged in the acquisition, exploration, and development of mineral properties. The Company is focusing its financial resources on the Gold Drop property option. Gold Drop property is situated in prolific gold-copper mining camps of North America, the Greenwood-Republic mining camp. The Greenwood mining camp is located in southern British... see more

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TSXV:GGX - Post Discussion

GGX Gold Corp. > Can't make up my mind

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Post by louel on Feb 04, 2019 1:03pm

Can't make up my mind

Bought this at 9 cents, when it never moved up got out again I think 10.5. then it dropped to 09 not going past the previous low and held for the day so I bought everything back plus a bit.
Seems to be holding now at 10 cents and Volume has remained reasonably steady, actually up over friday.
RSI 14 and OBV and B Bands all in proper range. So it appears like a forced consolidation building a support level, while someone is accumulating. XIM owns 100% at present. But GGX has an earnin agreement they are working on which would give them 70% of the Gold Drop even if XIM backs in. Can't see it sitting at 10 cents for long. The drill report was great.

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Comment by bertuzzisucks on Feb 04, 2019 2:28pm

So you are the reason it can’t sustain...penny flipping for a one cent profit.

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Comment by louel on Feb 04, 2019 10:28pm

. Not enough movement to bother fliping this one. You need moves of 10 cents or more to make any money. I look for a 3 to 1 profit / Loss ratio. I do trade 10k at a time on Western Forest. It looks like a good entry point comng up there shortly.

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Comment by SirHumpsAlot on Feb 07, 2019 9:02am

GGX is done for several months. Deal with it. The company is not drillign right now. Drilling has not been announced. When they do announce it, it will take 2-3 months for the first results. GGX will fall to 7.5 cents or lower befor it runs again. XIM, well, that is a pump job. 80 cents on hopium. I perfect short candidate. It will come back down. Pumping alone can not hold the stock up for ...more

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Comment by bushboy on Feb 07, 2019 9:23am

Thanks a lot . Go flip somewhere else . You probably sold your shares and trying to buy cheaper. Your a looser flipper. Don't you think there are others that are waiting for the price to go up.

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Comment by bertuzzisucks on Feb 07, 2019 10:07am

Humps...you have been here for awhile and yes I feel you want to buy cheaper shares much to be excited about .... GGX * a new 43-101 being developed - with have ounces listed. Hmmmm * new conference will bring newninvestors * announce new drilling Spring program * possible JV with XIM ahead of regular agreement * golden dawn merge - see GOM share price moving as the rumours are ...more

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