Pile I am very keen for Gold Roads to mine Central Bore.
My reason is that cash flow will help them explore & take advantage of their huge acreage.
An example of this approach being successful is Ramelius and even though I haven't studied them I understand that they had very high grade gold,they mined it and then they expanded.
Ramelius expanded by buying another company whereas Gold Roads doesn't need to. They already have 5000sqkm of area.
I did read somewhere that Gold Roads could make a lot of money by getting somebody else to mill the Gold from Central Bore and that was before all the monster hits of the last 6 to 9 months.
I guess with the combination of Atilla and Central Bore they are looking at mining it themselves. Hopefully they can increase the grades of Atilla and get mining asap.
Any other thoughts on all of this?
GOR Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
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