Results aren’t as we hoped but well done to management for updating us nonetheless. With only 30% of assays returned to date, there is still more news flow to come here before Christmas.
The work up of drill targets on tenement E45/5570 is good to see in this update. The margin of that granite could prove very fertile with drilling next year.
With a market cap of $13m in the right address for exploration at the moment, there is limited downside investment risk with GSM.
Ann: First Assay Results from Phase 2 Drilling at Yule, page-4
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