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0.00% $5.43 giralia resources nl

Just had another listen to the interview. Drilling at Earaheedy...

  1. Molotov
    223 Posts.
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    22/09/09
    22:57
    Post #: 5679012
    Just had another listen to the interview. Drilling at Earaheedy supposed to start next week. Resource target 750 to 1,000mt. This has potential to be massive, a company maker. Looking forward to some results from there.

    Also, on Mt Webber project alone with cash margins around $10 to $20/t and 40mt in resources. That gives us around $400M. Actual Mkt cap is only $178M and please don't forget their cash in hand (around $70M).

    Please correct me if I am wrong but at these prices GIR seems like a true bargain.
    GIR Price at posting: $1.00 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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