~ 1 billion tonne magnetite resource underpinning the Karara Concentrate Pellet Project...Information from over 3900 composite samples was used by RSG to calculate a JORC compliant resource of 737mt at 37.1% Fe, exceeding the pre-feasibility target by 84%.
Valuation Hartleys 1/8/06 - Based on GBG trading at a significant discount to our successful development case valuation of $0.69 per share, we rate Gindalbie Metals Limited as a Speculative Buy. bby valuation .61 in mar06 - SCE 12mth valuation $1.20 on successful as planned case Apr06.
GBG is not exactly a slouch either, at .45 it was a bargain yesterday and remains so at.475 today. The market will awaken to this fact very shortly. GJ is not letting me down.
GBG Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
