RE:RE:RE:RE:Maybe someone is trying to trigger the stops because these Other than the selling at market stupidity I think that for the first time since we made this discovery we actually have a little friendly competition. When this discovery was made almost two years ago we were pretty much the only game in town, other than maybe WM, but they were always ahead of us in price I think and they also had a massive amount of stock outstanding so weren't nearly as attractive as GBR was, at least in my view.
Now we have all these Newbs popping up, they're cheap and cheerful by comparison but in my opinion they all have certain " caveats " such as depth of the discovery or jurisdiction. Some look pretty sexy right now but none as far as I can tell have anywhere near the potential that GBR has.
That's sortof working against us, an absolutely massive amount of material to drill through to get to a final resource # but most of which isn't going to be headline grabbing.
The other guys put out 1 high grade hit that may not be worth anying in future but that's sexier than us putting out 10 low grade hits that may have just added 100,000 Oz. to our resource but no one would care.
This deposit goes farther than the eye can see in almost all directions but alas I guess we have to continue to play the high grade game just to keep people from wandering away.
I think this could be the perfect example of the saying " Can't see the forest for the trees "
Anyway with 5 drills turning we should see an increase in holes released and no doubt we'll get our share of high grade hits as we've always done.
Get this back up to $ 20 + and teach those whippersnappers a lesson.
Give them a good thrashing on Tuesday hopefully !
goldbuz wrote: Sadly, I think it’s a lot of retail investors panicking, not thinking about how we got here to begin with. Lots of drilling,with great results, with lots more to come. Think about the last big price correction,back in March, we’ve gone up more than 3 times since then. Will it happen again, I think it can, but not all at once. There will always be pullbacks in price, and then surges ahead. August and Sept. will be awesome. IMO Hang in there