Drilling.
this is what decides whether holding for 12month for a 10-20% gain was worth it as positive results can easily send this northwards sharply. especially with the gold price as buoyant as it is.
Same as I said a month or so ago. GBZ has 12 months from me to execute on the exploration program otherwise I'll be moving elsewhere. i still believe this is 3-4 times upside just in executing their strategy of doubling the JORC. 3M oz of gold in AU is worth more than a 25-30M EV close to 150M-200M in all honesty. noting the MC is not the EV hence the target.
Some marketable high grade or thick intercepts can put gbz back on the radar as we it's been an unloved stock. but there is 6-7 extremely reputable, balanced, conservative investors I know on here. it seems there's a minority who see what I see, just need to wait for the herd to catch up. Up to the gbz team to give them some headlines to warrant it.
SF2TH
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