GBZ 0.00% 0.9¢ gbm resources limited

Im sorry but your reply is foolish.One of the most profitable...

  1. 195 Posts.
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    Im sorry but your reply is foolish.
    One of the most profitable mines in Australia operates at a grade of 0.6-0.8gr/ton (Newmonts Boddington operation)
    When sentiment is ruling a sector share price has little to do with actual value. I challenge you to show me a exploration gold stock with >1m oz in an uptrend due to AUS Gold being at all time highs!
    Whilst I acknowledge GBZ has some recovery issues to work through Brent Cook has said multiple times that twin hills is a great deposit that will certainly be economical with further drilling.
    When gold touches US$2000 oz again physical gold will be unobtainable as it was in Aug 2020 and these juniors will have there day in the sun once more. it's all just waiting on a sentiment change.
 
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