Global Geoscience is a micro cap gold explorer, like many of its peers the stock is out of favour

James Marlay

Livewire Markets

Global Geoscience is a micro cap gold explorer, like many of its peers the stock is out of favour. The stock does have a few attributes that in my eyes make it stand out. GSC made a greenfields gold discovery in Nevada a region famous for large, low grade deposits and the home of heap leach extraction. Management have been cautious to protect shareholders equity and the Company maintains a tight register with relatively few shares on issue. With exploration expenditure rapidly declining there are fewer opportunities to gain exposure to new discoveries. GSC will announce a partnering deal in the near future that will help the Company fund further exploration. This is definitely at the speculative end of the market, however, the business has progressed during difficult times with one of the few new discoveries in recent times. Disclosure: I hold shares in GSC


1 topic

James Marlay
Co Founder
Livewire Markets

Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment