RE: …3 Jun 2025 10:26
This stock seems a bargain at current SP, but there’s the old saying that when something looks too good to be true it usually is.
Although on a different scale, I cannot help being struck by the many similarities unfolding here with those seen previously at Hummingbird………Mgt Deficiencies, Production under performance, Difficulty servicing their debt/costs, etc.
Maybe the saving grace for GRL could be the rising gold price…..that did not come in time to rescue Hummingbird. We shall soon see.