ORE announced this morning that the CEO is stepping down. The market likes that as they have been a serial underperformer with their production output, so cutting the deadwood out is a positive step for them.
It's interesting watching this tussle between bulls and bears at the moment with GXY. Who is going to cave in first? Bears have the upper hand at the moment with lots of supply. Bulls are absorbing most of it, but for how long?
GXY
Price at posting:
$2.88 Sentiment: Buy Disclosure: Not Held
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