Tramore looks like another Bibra. There seems to be quite a few of these mineralised, relatively shallow dipping structures, in this rock sequence.
I sold out of GMD completely this week for "safety" reasons. They better not release a killer announcement. GMD are going to need money and CMM are far more advanced, being open pit with resources established and feasibility studies in place. GMD have support from the mining contractors but you don't develop an UG mine of that scale without significant CapEx (grades x widths looking a little better now but they still look marginal to me before).
BRB need to put their resource estimates out. For the moment they look like a trading stock.
EGA not getting market traction.
Developers are a tough game at the moment but patience normally pays in this space if the projects are up to scratch. Esh
CMM Price at posting:
7.9¢ Sentiment: None Disclosure: Not Held
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