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triggerfinger

185 Posts.

10

21/03/17

12:27

Post #: 23508633
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Originally posted by copperroad ↑

I guess if any exploration company was looking for monsters, Bougainville is the Island of choice.
Nearly 35 years plus of hell looks to be ending. A lot of the locals and political heavy weights want and need mines to get up and running again. The country is desperate for the income and mining is their future. GBX have clearly got the locals onside and you have nothing without it.
Couple of points with the news.
GBX can do a placement at .08c, but it can also do the placement at a much higher price as well. The stock is already trading above the indicator price anyway.
The recent head faint issues from countries like Indonesia, Thailand and the Philippines is dumb, but Bouganville has worked out the opposite., they need the money and don't have that misguided luxury.
The geology on this island is second to none, so the chances of finding a monster are very good.
If GBX secure the EL's they want, the stock will go extremely well imo. dyor

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GBX Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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