interesting times ahead, page-2

Well rounded post Ashton.

Must admit I didnt think we would be back in the low 60s at this time but thats the market, oh what a difference a week can make. For me, I dont like how it makes my portfolio look but Im in for the long haul on GOT for the following reasons;

- Well understood Geology of the area
- high quality DSO Mn ore in geological area
- high value of Mn ore / high profitability. Potential $1bn profit from 3-4 mill tons
- Good management team, quality people attracted to quality project
- Large tenamnet area
- GEMCO right next door
- 50mt target conservative, tennaments likely to host considerably more Mn
- Small MC for potential value if target of 50mt achieved
- Relatively small CAPEX required to develope
- Short timeline for exploration once tenaments granted, see investor pres
- traditional owners that already deal with minning in the area

For my mind there is that much potential upside here it is frightening.

To keep a balanced view though;

- Tenaments need to be granted, according to the company this is expected to be very soon.
- Enviromental issues exist, good management is the key here
- Agreement with traditional owners to be established

I agree we are likely to see a bounce from these levels once the DOW behaves itself. Next big step for GOT is granting of the exploration licences and from there the trend up should continue as we start to get news flow on the project exploration.

This is just my take on GOT.I hold a large percentage of this stock in my portfolio so Im nataurally of positive sentiment. From my research this stock is were I want to be when it comes to wealth accumulation over the next two years.

Cheers

Retrac