GBZ 0.00% 0.9¢ gbm resources limited

Ann: Extensive work programs underway in the Drummond Basin, page-2

  1. 5,508 Posts.
    lightbulb Created with Sketch. 1040
    As previously mentioned, market has completely missed this.

    Drilling for epithermal gold deposits - a la Pajingo - aimed for the second half of CY2023 - now stated.

    $3.8 million already spent.

    Gold up again last night.

    Gold is all about the US economy here with property pain now setting in - both commercial and residential.

    Chamath and David Saks state the obvious on their podcast - 80 per cent of voters are connected to residential real estate. 8% mortgages have now kicked in there. Hard to win an election when you are killing residential property with rising rates.

    Above is not financial advice and my opinion only,
 
watchlist Created with Sketch. Add GBZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.