GSR 0.00% 1.1¢ greenstone resources limited

Damo, GSR did state they were developing through a low grade...

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    Damo, GSR did state they were developing through a low grade plunge with the decline and this was a trial of the extraction circuits. You still don't throw away 1.36g to the ton. GSR got a decline into the high grade with this effort. That should not be forgotten in light of the 96 million shares FMR Pty Ltd hold in GSR. I think there is further leverage there when they get stuck into the bonanza grades. There isn't many that come to mind with these grades as announced. Also consider a recent post, repeated below.

    https://hotcopper.com.au/data/attachments/4901/4901709-176b3ab7eca8c4386467746cead6c027.jpg

    Gold is about to run given this is the third time futures have risen above $US1800 as per this morning's figures.

    Gold Futures - Feb 23 (GCG3)


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