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john435

11,511 Posts.

1153

26/11/14

21:03

Post #: 14359732
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Originally posted by Fibonarchery ↑

entry for stt list

gbx ta and fa

price $0.003
cap $2 million
cash $500,000
no debt

fa - won a nice tenement a few months ago, ex-Rio Tinto, a few of those around but the special thing about this one is that Rio never got around to drilling as they couldn't get native title mining rights sorted.

AON got to $20 million market cap based on anticipation of possible results of its recent IOCG drilling.

GBX's IOCG ground and more importantly GBX defined target pisses all over AON's:

Large magnetic anomaly interpreted as deep intrusive extending up from extreme depth to 5km below surface.Amplitude and depth similar to inferred deep intrusive below Olympic Dam that provided heat source to drive mineralising fluids.
Gravity model shows zones of high density wrapping around the deep magnetic body and extending upwards"

$20 million market cap for GBX = 3c per share = Disallowed

ta - volume spike today, just off 52 week lows, very under the radar, no real resistance until $0.005, big buy stack at $0.002, sellers thin

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Fib ,a map for you showing GBX ground, it's the hot pink blocks,they have 2 small blocks adjacent to Woomera as well but you'll have to squint to see them
4 Upvote

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