GBM 0.00% 0.8¢ gbm gold ltd

im hearing the mine has closed down., page-15

  1. pad
    206 Posts.
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    Obviously the report isnt that flash but it certainly highlights everything in an open & transparent way.

    Like any gold producer setting up a production plant can & is a very costly business and has alot of hiccups along the way

    I would suspect some of this bad news has been priced in from the general drift down from 15 cents but it does look like they are doing as much as they can to bridge the gap until production can start & the asset sales will no doubt be brought forward somewhat!

    Given the potential resource I am still a firm beliver that long term this stock can & will beform for its shareholders so i will look to pick a up more if we see them much lower in a thin market.

 
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