GBZ 16.7% 1.0¢ gbm resources limited

agreed, when they pulled up stumps drilling Lone Sister last...

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    agreed, when they pulled up stumps drilling Lone Sister last year after just one hole, that was the sign there were storm clouds on the horizon, shoulda sold then but oh well, finally let the dog loose. The only good thing to happen in the last 12 months has been selling the rest of malmsbury for a decent price in the current market. Smartset flopped, con notes were brutal just to avoid a cap raise to sharks at ~5c (would kill for that now), White dam is now cash flow negative, the newcrest deal is a big question mark with newmont take over and how slow they are to get started.. good luck everyone still holding on, $11m mcap for 1.7moz in Aus is still solid on paper.
 
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