GBZ 0.00% 0.9¢ gbm resources limited

Mineralised,You seem to have been in the stock a while 2 to 3...

  1. 78 Posts.
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    Mineralised,
    You seem to have been in the stock a while 2 to 3 years?
    As I have.
    While it is a tough market at the moment, I think is GBM as a company better or worse than a few months ago.
    Better
    - Twin Hills assays/drilling and resource expansion is on track, more to come
    - Malmsbury drilling is turning up interesting hits, more to come
    - Cloncurry JV commenced exploration for 2022, after a year of delay
    - CUR shares out of escrow soon more liquid cash
    - Mayfield option exercised, and more cash soon
    Worse
    - White Dam sale still pending, but more cash when done
    - Mt Morgan Spin still pending, but more cash when done
    - Cash balance and market soft

    On balance as I said before, I bought at 3.5 c, 5.5c, 13.5c, 10c, and more on market recently.

    Below compared the Victorian Navarre, GBM is doing well, up 72% over 3 years.

    As Warren Buffet says if you like the stock a month ago at 10 cents, why wouldn't you like it even cheaper, I do!

    https://hotcopper.com.au/data/attachments/4456/4456759-558a07bc44d643f3fac8ea20a203664a.jpg

 
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