so is it jupiter mines perhaps that has the bigger results, or...

so is it jupiter mines perhaps that has the bigger results, or gnl or is it a combination thing looking at JMS its shareprice is around 25c market cap at 35m

GNL market cap was 14m as of today if it closes at 6c it iwll be 28m. The smart thing to do is if these guys have a massive iron ore deposit between them

Not forgetting GNLs 80% of their tentements which have returned good early results but they havent had funds or focus to drill most of em. Only the 20% ie with abu and now mt bevan. That have turned up early good grades, a merger offer gnl and jms would yield a 50m market cap company perhaps more, a script offer would surfice. Get a common register combined the tentements ( or a joint venture agreement perhaps) if its a massive iron ore desposit then a combined company would allow gutnick to lower his stake and still retain some management input via about a 15% holding.

IT makes very good sense. Tho now back to reality perhaps GNL might close at 5c a lot of existing holders will be bailing out today so might take some time to stabilise , if follow up drill results show big deposits expect GNL To fly past 30-40c a share possibly quickly which would give it a market cap at about $200m now given FMG results this would be nothing in a speculative market

On the downside could just be hot air and the shareprice could go back to 3c