GBZ 0.00% 0.9¢ gbm resources limited

GBZ must be trading at a 50% discount to QMN which makes GBZ a...

  1. 161 Posts.
    GBZ must be trading at a 50% discount to QMN which makes GBZ a cheap buy under 25 cents when you consider that: QMN’s Morris creek tenement near Cudeo is only one half sub block of area which is 3 sq km. GBZ ‘s Brightlands project which abuts their tenement and also Xstrata’s, has a area of 250sq km in size. Got to give GBZ a good chance of discovery. GBZ soil anomalies are better at the Tiger prospect which is part of the Rocklands fault system and has widespread copper mineralisation over a strike length of 1.5 kms. QMN’s target is 1 km. If QMN’s drilling is successful it also means that GBZ may have it aswell since the ground abuts each other. GBZ has said they have identified a second zone southwest of Tiger which may be the same zone QMN’s is drilling when you look at the tenement map. It’s going to get very Interesting soon as they are both doing SAM and IP and will be drilling in November. By the way QMN has 80-90million more shares on issue than GBZ. I reckon GBZ is cheap at the moment.
 
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0.9¢ 0.9¢ 0.9¢ $6.998K 777.5K

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2 853054 0.8¢
 

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0.9¢ 352643 2
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
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