From GBM website www.gbgm.com.au (re Maxwell Mine)
The acquisition of the advanced Inglewood Project has provided the Company with an asset that has the potential to increase substantially in value by carrying out systematic exploration and mine development work.
The large scale long term potential at Inglewood has been overlooked by previous operators and Greater Bendigo Gold has the opportunity to capitalise on a vastly underdeveloped gold project that should be capable of delivering ore at a good production level for a considerable period of time
Between 1990 & 1994 Gold ranged between USD 300-400 an ounce......
GBM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
