How much do you think a "1000 hectare manganese mine" is going to cost? You may want to refer to the December quarterly that indicates that GMC will be out of cash by the end of March.
If this mine had any value, do you think someone is just going to gift this to GMC for free? How would GMC purchase this with their dwindling cash reserves?
Surely, if you read the December quarterly you would now how propesterous that sounds...
I can honestly tell you, I have absolutely no intention of ever owning GMC. You can't even tell me of the last imminent milestone that was actually achieved??
There's more ripe cherries for picking in this current environment... and if you compare the stock I'm actively buying to this, well you might just understand the difference in value proposition.
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