GMM general mining corporation limited
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any stock that is just about to undertake drilling on...

  1. NTaylor
    2,593 Posts.
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    20/04/11
    12:07
    Post #: 8294024

    any stock that is just about to undertake drilling on prospective DSO iron ore and manganese would expect to have a m/cap of $10m pre drill.

    this currently has a m/cap of about $10m

    the iron ore prospects are actually pretty good.

    so i believe there is no e/v priced in for the potash at present so you would expect a significant re-rating once drill schedule is announced.

    potash prospects would appear to be free at this price.

    GMM Price at posting: 17.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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