GCR 0.00% 0.1¢ golden cross resources ltd

large tonnage potential mesothermal discovery, page-13

  1. 4,618 Posts.
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    Hardcash

    Cheers thanks for the welcome back ;-)

    Much more phylosophical now about all this. I was emotional before because I didn't understand why GCR was always getting sold down. Now I do.

    It was being sold down because of overhanging negative sentiment from the pre Kim days, with no tangeable change evident since Kim's appointment. But now Kim is clearly showing that he has changed GCRs direction and for the better. The results of this renewal are becomming evident and Kim's invovlement is being positively acknowledged.

    Still some distance to travel but clearly we are on the right track. The way I see it is this:

    1. Copper Hill will be GCRs flagship and will be funded either through a JV or selloff of signifciantly revalued prospects (e.g. Mt Isa/ Panama). Dare I mention the latter, but lets face it, if GCR can find a way to fully fund CH then why wouldn't you!

    2. Remaining farmin's will gentle simmer, with maybe a mine or two coming from them in the next 4-5 years. Cashflow!!!!

    3. Five year outlook is CH operational and one other project nearing or just started production.

    Between now and then GCR will develop resource statements for perhaps another 3 projects, with each being viable.

    These are my predictions and certainly could be way off base BUT the general theme is that GCR is IMHO definitely a viable ongoing concern that will eventually blossom into a miner. Significant revaluation will occur in due course!

    GC
 
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