Global Geoscience (GSC) will come out of trading halt at some stage during today's session and release the first drilling results from it's Tokop gold prospect in Nevada. This stock is an absolute minnow, however, they are targeting multi million ounce gold deposits so any material success is likely to have a big impact on the Company. With backing from Canadian major Osisko this junior puts much of its cash in the ground and has preserved it's share structure during a lean period. Look for grades of up to 2gpt keeping in mind many gold mines in the region operate at below .5gpt. Disclosure: This is not a recommendation to buy this stock and I do hold a position.
I have 13 years experience in equity markets and financial media. In 2013 I Co Founded, Livewire Markets with Tom McKay. Our vision is to be the #1 source of investment ideas in Australia. Opinions expressed are my own.