GSR 0.00% 1.1¢ greenstone resources limited

BAR Interesting..., page-862

  1. 13,113 Posts.
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    Its sure does Dave, and well done to your Ramelius investment- am expecting here an amplified version as well. No doubt you have studied Ramelius and sooner later will be faced with a dilemma to either sit tight, sell some and reinvest, or try and trade to accumulate a larger holding. That point will come when future earnings are priced in to a level where you feel the stock may be trading at a premium. I haven't studied rms so wouldn't have a clue where's it at, but I have studied the BAR (and I am not a lawyer ), and 3.5c to 4.5c is around that level for this stock imo pricing in Philips Find first paycheck. The leverage even after that is huge with the potential of Barra's projects, and the reinvestment of those funds to a more aggressive drilling program. We have a very good management team, and a real potential to become a mid-tier gold mining business. Or even sooner or later a world class Cobalt operation.

    I will join you for a Coopers Pale Ale in the Beer Garden.
 
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