RE: Gold price over $35505 Sep 2025 13:59
I would respectfully suggest it is best to ignore the bashing naysayers on here, they are present on every bulletin board spouting their negativity however the sector has changed, gold prices are surging, Goldstone is a producer, almost certainly has the major shareholder onside, last months gold pour delivered around $1.1m in revenue, production is expected to increase moving forward, albeit not 1000oz a month but even 400/500oz would deliver a healthy cash payment.
The current m/cap is a mere £4m, according to the AGM statement an offer was received and rejected in April, the shares were 1.2p/1.3p at the time, who is to say they do not come back and re bid.
There are far worse plays in the minnow sector than GRL, many are not even producing, most of those are valued at multiples of £4m, at some point the penny will drop and buyers will return, the shares move disproportionally, you have to be in it to win.
DYOR etc.