G1A 1.45% 34.0¢ galena mining limited

Hi fellow G1A'ers. Keen to understand someone's views on what...

  1. 4 Posts.
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    Hi fellow G1A'ers. Keen to understand someone's views on what exposure G1A has in the event of a recession? There is a lot of press purporting doom and gloom at the moment. Looking at the historical cycles we appear to be due for one soon.

    My inexperienced thoughts are that un-tested (no JORC, small drill results, no PFS) resource "true spec stocks" would be the most quickly sold off in a major downturn. Given G1A is somewhat advanced on the 'Spec-->Producer' spectrum and relatively close (Oct?) to debt & equity injection, it would appear to be less susceptible to macro events than other specs.

    I understand if we knew all the answers we would be very wealthy, but I'm keen to understand some learned opinions that we have on this forum.

    Cheers
    MrT
 
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