GTE 0.00% 3.2¢ great western exploration limited.

Ann: Harris Find Acquisition, page-38

  1. 27,261 Posts.
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    All true, freewheel. I'm a huge gold bull, particularly A$ POG, which will be at record levels next year IMO.

    However, I had the impression they intended to take St Ives all the way. They say the strategy is to:
    "Assess the potential for a high grade – low tonnage operation and trucking the ore to the Bronzewing mill which would require low capital for start up". If so, the company becomes self funding,.

    Christophe - from your conversations with them do you see this as the goal, or are we just going through this huge time consuming effort to proove up a resource and flog it? Surely GTE can get to this point with two successful rounds of drilling, so any reason we wouldn't be in a position to fulfill the above goal by mid next year? Progressing existing and other new prospects then becomes a whole lot simpler. Is this realistic, or am I too optimistic?
    Last edited by CEOChair: 19/11/16
 
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