GBZ 0.00% 1.0¢ gbm resources limited

Ok, gold hitting record highs. If WD is not cash positive this...

  1. cgl
    331 Posts.
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    Ok, gold hitting record highs. If WD is not cash positive this quarter, then never and they will not be able to sell it. To be honest, going by the recent announcements, I am of the view that these guys are in no rush to sell WD and want to take advantage of high gold prices. With a market cap of just $13m, if they can make $3m/p.a. revenue plus all the other stuff they have, GBZ is cheap. Let's hope PR does not screw up.
 
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