OTCQX:GTBAF - Post by User
Post by
tarsandson Aug 25, 2020 12:17pm
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Post# 31450522
Dang wrong board for that answer
Dang wrong board for that answer
Sorry about that Grayson.
For GBR its the matter of GREAT drilling results but some of the more bigger players in the stock can sway sentiment quit a bit knowing little retail will get shaken out at some point.
A little selling creates a little fear, alot more selling creates alot more FEAR! There is roughly 1.51 million shares betting for a lower price. That is a lot of shares shorted for this company because it only has roughly 49 million shares out.
Also the biggy is no one knows really knows for sure at least on this board how many ounces they have drilled up right now. There is no 43-101 maiden resource.
You would need a computer program and be able too map the drilling data into the computer program too get a rough idea of that.
In my view as I said I think with the market cap as it is they need too show the market at least 5+ million ozs. Of which it must be of higher grade.