Strat can you post another graph for GOR- seems more than general market weakness re the share price. An updated JORC and production timeline would be good!
Price is trying to get a leg back up on the 5 min chart and trying to touch the 13EMA on the 15 min chart.
The 60 min chart has fallen over as you can see but it could test the upper 13ema on that like the 15 min chart.
Caution on the daily, as seller numbers and volume outweigh the buyers and as a couple medium term EMA's seem preparing to eventually cross though maybe not and markets pending.
Good luck~!
--> Watch THRIVE 2011 a must watch Doco! --> Also watch ETHOS 2011 & share the Awareness~!
Strat can you post another graph for GOR- seems more than general market weakness re the share price. An updated JORC and production timeline would be good!
Hi Yabster.
Sorry. Didnt see this till now.
Guess a chart would be somewhat redundent now as the whole world is tanking.
When stocks are dropping and Gold is dropping, Spec Gold stocks are sure to follow.
Im still holding some GOR and some shells but little else. When it all gets too hard I tend to bugger off and do something else till it gets easier.
Ann - re Central Bore and scoping study out- I think its positive that the study confirmed the technical and financial viability of mining Central Bore with an ROI of 600% and net cashflow before tax of $43m - "Ultimately we want the company into production quickly and use the resultant cashflow to fund exploration".
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