OTCQX:GTGDF - Post by User
Comment by
goldanalyston Jul 07, 2020 2:24pm
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Post# 31235127
RE:Who's buying?
RE:Who's buying?Lots of people sell for all sorts of reasons.
This was a classic short sell the news....fill the gap to $1.50....it's a
pro take down....happens all the time...
The buying will begin into the close from $1.50 and unfortunately
lots of retail investors just got fleeced....
Having said that I don't really like the grades....as many have pointed out...even with Red Chris (Newcrest) nearby by this might not be economical...likely a 10-15% haircut because of that but definitely not a 30+% re-rate....
GLTA