Maybe I am making a big deal about nothing but after recently...

Maybe I am making a big deal about nothing but after recently talking to various like minded  share "punters" I have arrived at the following conclusion for Godolphin Resources.

I could well be wrong in my thinking, but having believed in the Narraburra Rare Earth Project from the outset, I have been accumulating as much as I can afford at this time and I am now awaiting the overdue mineral resource estimate which is now being finalised to JORC 2012 standards.

When GRL first announced a concentration shift to the Narraburra RRE Project, after results from just 3 or 4 shallow drill holes some were very quick to dismiss the project as low grade etc.

For those that have taken the time to carefully read and digest the article of 27th March (available on GRL's website)   godolphineresources.com.au   to more fully understand what is said in that article.

I have previously mentioned ASX - AR3 ---------> https://ar3.com.au/ which is at least 12 months more advanced than GRL's REE Project.
Without spelling out every minute detail, the GRL article above-mentioned dated 27th March and further post announcements make compelling reading for those wanting an exceptionally cheap entry.

As an example AR3 and GRL have rare similarities in ionic - clay hosted rare earths.
AR3 share price has risen 160% in past week after an updated resource.

AR3 announced a serious TREO hit with news that it had drilled into high grade intercepts of up to 4839ppm TREO at its newly-discovered Western Zone at Cowalinya.

GRL's announced even better, results from another 22 holes reported in mid-January included some of the best grades to date, such as 3m at 3,481ppm TREO from 31m, 1m at 5,182ppm TREO from 34m and 2m at 4,495ppm TREO from 52m and 1m at 7,956ppm TREO in the same hole from 61m, the latter containing 1,090ppm neodymium and 240ppm praseodymium alone which are exceptional assays highlighting Narraburra’s potential.

Further, more similarities can be identified and just to mention another, set in shallow soils which can be dug freely is a style of orebody yet to be developed in Australia, but is the primary source of rare earths in south China, and features mining and processing characteristics that make the extraction cheaper to both develop and operate.

Both AR3 AND GRL have recently used the services of ANSTO's independent laboratory for leach testing and reported exceptional recoveries for GRL.

Further, to quote GRL's  M.D.  who made the following comment in the recent article of 27th March -
“As a junior explorer we really do stand out because most junior explorers are lucky to have one advanced project and when we put out this rare earth resource we’ll have four MREs, one being rare earths, two focused on gold and one on copper, which is quite amazing,” she said.

“And if you look at our market cap, it really pales in comparison to the company’s peers.

“That’s out of our hands to a degree, it is what the market is at the moment, I do see that there’s obviously a lot of potential upside for Godolphin and what we actually have in our tenement package and our portfolio.”

The above are just my thoughts and observations and in my opinion Narraburra offers plenty of future short and long term upside and currently an excellent opportunity into Rare Earth Elements not to mention its fall back projects and a modest gold, silver resource.
As the M.D. said, you get the whole show bag.

DYOR - GLTAH.