It could be years before GBR is mining and selling gold. I don't see that increases in the gold price will drastically increase the price of a company that has only found some in the ground. A pip here or there maybe, but not the bags we are looking for.
I was originally hoping for a bag before Christmas and turn a nice profit, but now looks like I'll be holding for another 8 months to get a solid return and only have to pay cap gains on half my profits. Currently in the red.
The delays in getting assays done is really stifling explorers. Drip feeding out a few drill holes at a time means you have less chance of being able to announce multiple holes with great results
- announce 5 holes at a time with one great one in each batch means 5 announcements spread over weeks with modest looking information
- announce all 25 at once with 5 holes with great results makes for a far more impressive announcement to catch peoples attention
It could be years before GBR is mining and selling gold. I don't...
-
- There are more pages in this discussion • 1,829 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GBR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.7¢ |
Change
-0.001(2.08%) |
Mkt cap ! $28.56M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 5.0¢ | 4.6¢ | $64.25K | 1.340M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 112370 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 200000 | 1 |
View Market Depth
| Last trade - 15.32pm 16/08/2024 (20 minute delay) ? |
| GBR (ASX) Chart |