Hi Amigos, I have only just seen your post and while some of your points (imo) might be valid, perhaps you have abandoned GRL too early in assessing only some of the previous results, the Narraburra JORC resource update is due any day now.
The Narraburra REE & RM mineralisation exploration project was obviously a board decision and maybe it is too early to dismiss results when in fact later results were significant (as reported by GRL) with Higher levels of TREO and RM in shallower clay and spark zones unlock potential for low - cost mining and near term extraction which provides multiple near term development strategies.
I await the results of a total of 31 diamond core drill holes being used to update the Mineral Resource Estimate to JORC 2012. - due any day now. - See RED328 POST BELOW.
There has been a real push for REE's and that may be the real reason why the direction changed especially as GRL was recognised by government as one of only two co's in N.S.W. - ASM being the other.
Without a doubt, GRL has some fantastic ground possibilities to turn to in the future.
Sorry to see you leave but I know you are a true "Goldie" and who knows, you might hop back on board in the future.
The best of luck to you Amigos.
GRL Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)