GCR golden cross resources ltd

enough projects to make 5 solid companies

  1. 776 Posts.
    This little gem seems to be warming up. The bit of buying we saw yesterday only serves to illustrate the enormous upside of this microcap player.

    Although GCR have a myriad of potentially company-making projects, in my mind, the immediate upside will result from the Cobar Basin drilling at Burra.

    If one examines the results that we have to date, they are almost identical to PEX's preliminary results... and the recent quarterly highlights this:

    "Results from previous drilling, between surface and 200 metres depth at Burra, are similar in grade and thickness to the equivalent depth intervals at Peel Mining’s recently discovered Mallee Bull prospect."

    I've spoken to management at length, and i was taken aback by their enthusiasm for the Cobar region and the similarities between our results and PEX's initial results upto 200m depth were, according to management, the greatest sign that we may be onto the next Mallee Bull.

 
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