Ann: Emmie Bluff Drill Results, page-3

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Stinger51

27 Posts.

17/04/19

14:35

Post #: 38182703
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Originally posted by reddwarf: ↑

On page 4 of the document they refer to “CODA” in reference to the Mt Gunson farm in agreement. Does that mean that entity has now been set up and those agreements transferred. Potentially more money spent and wasted.

I think this project is so far off becoming a reality, it’s a distraction from the only asset of immediate true value to GBG, which GBG currently carries at zero, KML.

And even if somehow the Mt Gunson project was to become a potential company maker, CODA would still carry the same problem that GBG is lumbered with, the Ansteel major shareholding, which some may prefer to refer to as a noose.

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Dunno much about CODA, but what do you mean about it being a distraction from the one true asset of immediate value? Surely the point of KML’s zero valuation is that it is worth nothing? Not hard to value an operating mine- they’re gonna have to release the figures in the documents so we should get to see what is going on.

GBG Price at posting: 2.7¢ Sentiment: Hold Disclosure: Held
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Ann: Emmie Bluff Drill Results, page-3

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