Why are you so neg on them disco? They are explorers (in a really tough market) who are getting very interesting results in an area that hasn't been explored before. If they did actually hit a huge deposit the shares would be at 60c+ .. maybe even $1
But they didn't hit a deposit and they didn't say that, they just said they got some further really good indications that there could be something there
For me, I like it that they got an interesting intersection are following it up straight away with some EM. That is exactly what they should be doing ie trying to find something.
It's refreshing to see an exploration company who are actually trying to find something and do it quickly, rather than most companies in this space who just treat it as a lifestyle company and drag on. From the AR it looks like the chairman has fees of about $20k, one director about $10k, and the MD about $120k
Anyway I like what I read today and last week and am happy to hold and see if they can nail a big find
Good luck to holders
GML Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
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