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Greenvale Mining

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Greenvale Mining

My question is about Greenvale Mining which I have been following for a long time yet it hasn’t gained the interest or traction I think it deserves, especially now with the climbing oil price and focus on a greener future through bitumen products and geothermal energy. I would be very interested in your comments. Very low volume trading which demonstrates the lack of market interest.

Answer

Hi John,

This $67m explorer has been around a while now, and in a past life I worked alongside one of the major shareholders at the time. While I still recognise a number of the top holders of the stock, I can’t really add any value in terms of what the companies prospects are. From what I can tell, they are still burning cash which in todays environment is not ideal.

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Greenvale Mining (GRV)
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