whilst there are many similarities between AGS and GIR, the AGS joint venture arrangement is with Quasar Pty Ltd (a sister company to Heathgate).
The JV that GIR has in the project is directly with Heathgate resources - who is the company that directly operates the Beverly Uranium mine.
in this sense, the GIR relationship with Heathgate is 'more direct' than the AGS relationship with Quasar, which is a POSITIVE for Giralia.
Both companies, however, operate their own drilling programs. We know that Heathgate intends to complete the initial drilling program on GIR's land early this year, so results are due anytime soon.
IMO, price action appears to be insider buying on an upcoming Heathgate announcement.
I would like to post up a comparative chart, so if anyone can help me out with the technical side, that would be great.
Cheers,
P.T.
GIR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
