Thanks mate, appreciate the well wishes!I've thought about it,...

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Tothemooon

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09/01/24

10:59

Post #: 71789456
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Originally posted by Rankor: ↑

Good luck to you Moon. Truly.

And if you have all your investment cap invested here I think you should reconsider and spread your risk. But that is only my opinion and it is not my money. I hope you make bags here as that is what we all invest for.

I have also stated that I would happily reinvest money here if/when management prove they are moving in the right direction. After being invested here for just under 12 months I have concluded that management are partially clueless in which direction they want to go.

So where are things going?

2.25m was raised in July to accelerate lithium exploration in Brazil. They then proceed to acquire more land in PNG and then again in Brazil to change focus(again) to clay rare earths. They gather some soil samples then determine they need more samples over in another tenement and then need to still define drill targets by taking more samples. Maybe I'm impatient? Maybe not due to history here.

Who are their Geo's? Should they be kept or replaced? If 5 months from raise to not finding a drill target is good then keep them but that is after they have already been on the ground(before the July raise) looking for targets. I'd be questioning them. These exploration companies live and die by the drill and yet this Co. cannot even get a drill to appear in any tenement in any country. These companies die without drilling. How long have they been trenching and soil sampling in PNG??

Anyway after all my doubts I do hope you do well in here. And I'll be back if they show direction.

This is not investment advice. dyor please.

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Thanks mate, appreciate the well wishes!

I've thought about it, but not keen on taking a loss (at least yet), and with my number of shares, I still see a massive upside when we do end up drilling.

What I'm banking on is that I can stockup now whilst Li is down, management hasn't drilled yet etc., and touchwood (bangs on desk) that 2024 sees some drills. I think if they don't look like progress is being made in the first 6 months, I'll reach for the phone rather than email them Q's.

If we do get a start, look forward to seeing you back mate, but regardless I hope you do well also

GMN Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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