Great post! Do you know when will we get the lab result?

First 521 Last

Share
Profile

Follow
Tunasister

2 Posts.

26/05/20

22:09

Post #: 44853499
Share

Originally posted by Jovann: ↑

Evening all GTR holders.

Have some good news to share with the forum. I did have a chat with Bruce this afternoon for a solid 20 mins. Very nice person to chat with.
To make this easier, I will bullet point

* The company plans to do a few drilling programs on their tennament . Depths to around 20 meters

* They are actively seeking new areas to purchase in America / Canada / Australia that will bring value to investors and fast track just like UTAH.

* One reason of its current unique position is having Uranium and Vanadium as a secondary this makes the company break even at lower U prices and puts it in a hot spot over U only play companies.

* I did ask him about optimal U price, his answer was $55-65 for ONLY U plays . GTR I would say $45+

* He mentioned how the US government want to bolster uranium supply's and in order to achieve this the U price has to be 40 at a bare minimum for anyone to even begin looking.

* He sounds very optimistc with current and future U price growth .

* It will take a few years for the company to be selling uranium. Bruce explained to me that there is many steps to get to production . To me this is fine and realistic explanation. The most important thing as a foundation is the assay results and in time this company will prosper.

* I did ask him about the few intercepts that were sent to the Canadian labatories due to it being too high in radiation to test in US, he didn't want to go into this in great detail but something exciting wil brew from these samples.

* He mentioned knowing a older gentleman 80+ years old , who used to mine at Mt Henry , My feeling is that this gentleman has perhaps given the thumbs up here from his experience and maybe ideas of good purchases there. This is just my guesstimate .

As a conclusion, I feel more confident in this company. A lot of potential.. given the current share price of 4c, this is a steal.
The great thing about all this is that bruce wants to fast track and purchase tennements that will not take a long long time to give value to investors .
The uranium bull market will propel this company even more as I understand it is not too far away even from current U prices as being economical . Many long term investors will grab this and hold on to it.

Hope this info helps .

Expand

Great post! Do you know when will we get the lab result?

GTR Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

PAM

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

RAD

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

SGP

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

There are more pages in this discussion • 2,468 more messages in this thread...

First 521 Last

Add GTR (ASX) to my watchlist

(20min delay)
Last 0.3¢		Change -0.001(25.0%)		Mkt cap ! $8.888M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.3¢	$63.86K	16.34M

Buyers (Bids)

No.	Vol.	Price($)
46	29493583	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	6258507	1

View Market Depth

No.	Vol.	Price($)
46	29493583	0.003
33	45184145	0.002
8	18799950	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	6258507	1
0.005	22726723	27
0.006	8470331	12
0.007	8449997	5
0.008	4282500	5

Last trade - 16.10pm 19/11/2024 (20 minute delay)

GTR (ASX) Chart

Great post! Do you know when will we get the lab result?

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Great post! Do you know when will we get the lab result?

Top Stories

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Radiopharm extends radioimmunotherapy trial to 5 more cancer types

Things finally 'looking different' for up-and-down Hot Stock tip Stockland

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News