GBZ 0.00% 0.7¢ gbm resources limited

guess what time it is?, page-10

  1. 2,599 Posts.
    lightbulb Created with Sketch. 1713
    I agree that we should be cautious regarding estimates ...but keeping thinks in perspective:

    - Our current MC is only 20M,
    - An initial estimate of 30 to 80MT from Milo
    - Two more good drill results since then.
    - Results for the next lot of 5-7 due any day.
    - Drilling follows the magnetic anomaly surveyed after the first drill results.
    - Estimate in the hundreds of MT not out of the question.
    - EXS Sold their [email protected]%Cu resource for 175M to Xtrata last month ...compared to our miserly Market Cap of 20M.
    - Two other JV's on the go.
    - Other prospective tenements such as tiger being explored.
    - Fully funded for exploration this year.



    http://www.hotcopper.com.au/announcementFiles/2011%5CEXS%5C32517ff9-ff34-4c89-9245-8e687d7f7138-EXS538268.pdf

    Topped up again this AM, ...now fully loaded.

    GL all.

    John S.
 
watchlist Created with Sketch. Add GBZ (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $8.096M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $34.65K 4.950M

Buyers (Bids)

No. Vol. Price($)
3 1627000 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 2794078 4
View Market Depth
Last trade - 14.28pm 19/11/2024 (20 minute delay) ?
GBZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.