Ann: New Gold Target Identified at Cobar Gold Project, page-35

I like GMD for exploration potential (waiting to see what comes when they chase the primary mineralisation at Breaker.....you never know........ they have money to work, a sniff of grade at Breaker which is located in an interesting and underexplored address that we know can throw up surprises + the drilling on RMS's doorstep.....who knows). TRY I'd avoid even at these low valuations. You wouldn't want to get caught up in a Channel 10 situation, which is still possible with that company if the mine goes backwards for any reason. I suppose it depends on your risk profile. I wouldn't bet the farm on either company. Esh