I would point out the obvious – that their quarterly work program is enormous. They are progressing multiple projects simultaneously. People may criticise them for having too much – but again, surely that is the attraction of this company. I haven’t seen anyone really point out they have effectively four totally new discoveries over the past 12 months.
I would point out the obvious that if one of these discoveries were made by another junior, that company would be doing a road show and touting it as the new big thing. And the share price would be over the moon (mind you GIRs share price has been very nice to date).
Still think this company is massively undervalued. The next 12 months will be truly exciting.
GIR Price at posting:
$1.05 Sentiment: LT Buy Disclosure: Held
