GRL 6.67% 1.4¢ godolphin resources limited

Ann: Godolphin Board Changes, page-8

  1. 383 Posts.
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    Hi RED
    Appreciate the quick heads up. I'm a holder of RMS and have been for almost 2 years. They are are in WA. I don't know what mines are here in NSW and what joint venture partners GRL can partner up with. Quality of the resource at Mt Aubrey is pretty good with 14 holes drilled and they say all holes intersected gold mineralisation at shallow depth. They seem to have a few tenaments around Copper Hill East so a lot of land and hopefully when their up and running some long mine lives which is so important.

    I would really like to see if they have any plans for production and what their timelines are, weather there are other gold producers close by that they can partner with.
    Great time to be in Gold companies.
    This may even be a takeover target it's cheap enough with only 68M shares on offer and 5.45M in the bank.

    Cheers 5riven
 
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