share price is still relatively cheap - we are still Sub...

share price is still relatively cheap - we are still Sub $10Million market cap imo

Recent high volume and buying this week indicates people are just learning of SBR and buying in due to our nearology of the penny west discovery (SBR Tenement is 500metres to tenement border and 800metres to the penny west discovery)
And in anticipation of our drilling campaign once we have identified the high priority targets from the aeromag survey (could be released as early as next week)

As my previous post if we have anything similar to what was discovered at Penny West In my opinion we would be a likely takeover target
RMS payed approx $230million for penny west
At $230million that’s around 30x our current market cap and would put us at a value of around 17cents per share
(Even half would put us at a value of over 8cents)
GLTA