Given that NCM has so much land in the vicinity (Cadia estate et. al.) and the region is the second biggest open pit mine outside of Kalgoorlie's super-pits I wonder how long it is going to take NCM to realise periphery wise we are as good as Copper Hill and in my opinion better and cheaper. I think GRL could well become a take over target much earlier than what we realise, in fact the biggest issue most miners in the area have is water ,,, not gold. Food for thought.
NL.
GRL Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
