Now that the deal is done and dusted I am beginning to come to terms with all aspects of the JV
The positives
(A) Fully approved Resource COBURN
(B) Great opportunity with the Mount Gunson Copper Resource (Great potential for massive cash flow)
(c ) Farm In Agreement locked in with Western Areas at Fowler Bay
(D) Increased Investor Awareness via Hartleys
(E) Huge potential with the Tanzania project
(F) Availability of cash flow
(G) Experienced management and board
The Negatives
(a) Share price dilution
A small company with many potential projects!
Game Changers
Increase in Zircon price
Positive Results from the Copper project
Nickel find at Fowler Bay
Patience with Tanzania
Its been a pain full process for long term holders I now believe things are heading in a good direction
Say It again 50% of something is better than 100% of nothing
Maybe the 50% is better than we think given the above positives
Hang in there
GUN Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held