Hi all,
just thinking out loud. GTE has $3.844m in the bank at present,
it has accumulated a cohesive group of leases over the part 18 months.
Its quarterly exploration budget is now around the $5ook mark. It is debt free.
On its present course - it can finance, both gold exploration and copper exploration
quite well for the next three quarters, 2018 Q1 - Q3, and beyond !
This company's management is very economical in its use of shareholders money.
Can you think of any other Junior explorers on the ASX at 1.9c in this category right now ?
If you look at the Chisel 3D anomaly picture, I am thinking, copper may yet play a big part
in raising the market profile of this company before the end of Q2 (June).
Should GTE get lucky , as the MD mentioned on Dec 16, then.............
Cheers
Bluequartz
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