Listen to the first 22 seconds. It really annoys me when uses market cap as a measure of his success and I can't let it go without calling him out on it.
He gloats about the market cap being only $5m - $10m when they first came to Side Well and now it has grown to $60m. What he doesn't say is that he issued almost $50m worth of shares to do it and so no real benefit to shareholders over all those years, anyone can do it. I'd rather see it at the original market cap without all the new shares, at least we would have the great leverage we had before.
Anyway, now that's off my chest let's hope he can add some real value now with the help of the best gold run we have had this century. I do feel we are moving closer to production and an annual profit three times our current market cap.
GBR Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held
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