GBZ 12.5% 0.9¢ gbm resources limited

re: Ann: Diamond Drilling commences on the Ti... Nice work...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 75 Posts.
    re: Ann: Diamond Drilling commences on the Ti... Nice work Paprad, so anyway I spoke to the exploration office yesterday (thanks mate) and they confirmed the following:

    - drilling had commenced 3 or 4 days prior to announcement;
    - DC drilling proceeding at 50 to 80 metres per day (double shift)
    - that the wet season won't take long to have an impact in the area;
    - that there is one DC drill on site and one GEO;
    - that they enjoy the company of their families and will be taking a few days off over xmas;
    - that likely timing of any announcement is 2nd week of Jan, if not a little earlier.

    My thoughts are that we have some nice weeks coming in terms of the CDU JORC (that I don't exect will have much of an effect on the SP other than perhaps free up some cash from CDUers to invest more in GBM) and then the drill hole announcements.

    I'm hoping to pick up a few more over the next week or so although expect that I may have missed a bit of an opportunity to buy more in the last few days.

    Cheers to all holders and DYOR.

    Kman
 
watchlist Created with Sketch. Add GBZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.