GIR giralia resources nl

chart breakout

  1. 12,510 Posts.
    lightbulb Created with Sketch. 323
    Fabulous daily & weekly candle chart - has closed on all time highs & has moved solidly the last few days - IMO something is, maybe drill results coming in. I have previously posted this info:

    GIR is GROSSLY undervalued. What is interesting is that they are spinning all their U leases into U308, BUT they are holding onto the Lake Frome/Beverley leases. This speaks volumes to me! Their L. Frome EL's are a stand alone "company maker!" These leases are MASSIVE! They include large blocks of uranium bearing land:
    1] below AGS,
    2] below the Beverley mine
    3] To the right of & above Beverley mine

    They have same deal as Heathgate, have already hit economical grades of uranium & drilling is continuing now.

    Interestingly, I was doing some reading about them. Evidently during the "dot-com" boom, they went on an accumulation binge, buying up exploration leases cheaply. (If anyone is interested have a look at the map on their websit for details) Hence, the vast amount of EL's they have been able to float. They still hold a swag of them too! Hats off to smart management who were then willing to pass on benefits to shareholders.

    cheers
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.