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Suspicions of what? There's plenty of shares knocking around from .08/.1p, they're being churned through by those who for whatever reason wish to spend it invest elsewhere, nothing suspicious about that. From a fundamentals perspective, if you have a junior mining company declaring a meaningful find at this Mcap then the market will move the SP to a price conducive to GWMO's potential.
Berkshire Switches Bets on Banks, Adds Wager on Barrick Gold
https://www.bloomberg.com/amp/news/articles/2020-08-14/berkshire-adds-barrick-gold-exits-delta-air-lines-13f?in_source=amp_trending_now_1
That's the nature of geology, the same reason minerals, hydrocarbons, gasses tend to be concentrated in certain geological structures and rock formations, from coal, oil, hydrogen, helium all metals and many more. It's not random.
It certainly does Troajan.
https://paste.pics/9SU9W
“I think the underlying, fundamental, positive reasons for gold haven’t gone away,” Tom Fitzpatrick, a Citigroup Inc. technical strategist, said by phone. “Once the momentum in this lags, we’ll probably consolidate for a while, but we still think we might find ourselves back up at $2,400 by the end of the year.”
BofA’s Widmer says the gold rally has only hit a pause, and reiterated the bank’s $3,000 an ounce 18-month target.
“Financial repression is not gone and I think dollar debasement is not gone either,” Widmer said. “Implicitly and explicitly, central banks are backstopping governments at the moment, and I think that’s really the bullish firmness behind that $3,000 per ounce call.”
Tyla, we all make mistakes, respect due for your honesty!
How can you generate a potential resource value without trenching and testing, that's the stage GWMO are currently at, they will move to prove up the resource and identify drilling targets together with a works plan. Criticising GWMO for not being 2 steps ahead of where they're at is nonsense. They're clearly making progress and over the next few weeks will no doubt release further news. The SP is low and the signs are positive!
https://twitter.com/mining_great/status/1293066993831161861?s=19
Lovely little update:
"During the current trenching programme at RH, which is expected to complete this week, a GWM geologist collected a small surface float sample located in the vicinity of one of the trenches, weighing only 550 grams, and it was taken back to a laboratory for analysis. This rock was crushed and processed through a small gravity circuit, resulting in the production of two small 'buttons' of high-purity gold."
Both powerful and fascinating
https://youtu.be/Rp0ls32hhpU
Interest rates will turn negative; gold price to hit $4,000 this cycle - Kitco
https://www.kitco.com/news/video/show/Kitco-NEWS/2924/2020-08-05/Interest-rates-will-turn-negative-gold-price-to-hit-$4000-this-cycle-says-Frank-Holmes#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DKitco-NEWS
Ackers has the knackers!