G.E.T.T. Gold Inc (OTCMKTS:RCCMF) Stock Gains 16% In a Month: But Why?

If you are currently looking into the possibility of perhaps investing in gold stocks then it could be the right time to start following the G.E.T.T. Gold Inc (OTCMKTS:RCCMF) stock a bit more closely.

Trading Data

On Tuesday, RCCMF stock ended flat at $0.0233 with more than 110088K shares, compared to its average volume of 2.3k shares. The stock has moved within a range of $0.0233 – 0.0233 after opening trade at $0.0233.

G.E.T.T. Gold inc. welcomes Mr. Mark van Schaik as Technical Director

The company has seen its stock go on a remarkable run over the course of the past month and during that period, it has clocked gains of as much as 16%. In this situation, it may be a good idea to take a look at some of the latest developments with regards to G.E.T.T Gold and as it happens, the company made a major announcement yesterday.

The company announced yesterday that it had nominated Mark van Schaik as its new technical director. It is a massively important position with regards to the company’s operations and it now remains to be seen how the market reacts to the news over the coming days. Van Schaik is going to be responsible for strategic planning, commercialisation, implementation and market positioning for G.E.T.T Gold’s fragmentation mining procedure.

He is going to be primarily involved in commercialising the procedure within the mining industry and it is clear to see that it could prove to be a massive opportunity for G.E.T.T Gold.

Technical Data

RCCMF  stock is trading above the 20-Day and 50-Day Moving averages of $0.0163 and $0.0159 respectively. However, the stock is trading below the 200-Day moving average of $0.0236. The stock is up 19% in the past month.