GTE 6.25% 3.0¢ great western exploration limited.

Ann: Further Strong Results and High-Grade Gold at Yandal West, page-63

  1. 461 Posts.
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    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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