GBR 3.70% 5.6¢ great boulder resources limited

Ann: Drilling intersects highest gold grade yet at Ironbark, page-29

  1. 4,749 Posts.
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    Whilst I was expecting good results from the remaining six holes from phase three at Iron Bark, for me yesterday's announcement was even better than expected and so I was surprised that we traded down for the day. Iron Bark is shaping up to be a real winner. High grade, shallow, easy to mine and an opportunity for early income. Management are aiming to fast track the maiden inferred resource as soon as they feel they have sufficient data.

    I noted that yesterday there was a single seller for at least one million shares showed up midway through the day, who wanted out for their own reasons, you get that. They accounted for more than half the trades, selling down all toward the end of the day. Selling has thinned out somewhat today, can't say for sure but hopefully all done for now.

    More results to come, including, AC, Auger and Mulga Bill.

 
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