GBZ 11.1% 1.0¢ gbm resources limited

just the beginning

  1. 112 Posts.
    If you have not done so already check out the size of Gbz's tenements and read some past anns from the company. Compare to CDU/SFR and then step back and look at the BIG picture.

    There was a cap raise in Jan @ .12 which has them funded through the year. Options are exercisable at 20c by 2013. And they should start to kick in by the end of the year, all going to plan. Which will bring further funds.

    And, Milo is only the first of many prospects on their land. Tiger is another with great potential. And was initially the first target until Milo's close proximity to the highway and some nice results spurred on it's exploration.

    Have a look at SJB's post of today and Cat's over on T$ and you will start to see, much, much more coming from Gbz in the near future. Including a JORC I believe.

    The only downside with this stock is that it the SP has been manipulated down on low volume and may be again, by someone as Woobly said who wants the entire thing and cheap. Maybe Xtrata? However with many results due over the next 6 months and the DD tails up next. They may be trying to control a raging bull soon, especially if we see higher Cu grades down hole. Which is where they are expected.

    And, then today REE!!! That is a nice surprise!!

    Ps, If this holds above .105/.110 today. Then tomorrow the open will be very interesting! As the chartists say, first we take .12 then we take .16!

    Mg



 
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Last
1.0¢
Change
0.001(11.1%)
Mkt cap ! $11.56M
Open High Low Value Volume
0.9¢ 1.0¢ 0.9¢ $14.02K 1.446M

Buyers (Bids)

No. Vol. Price($)
4 548882 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 473053 2
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
GBZ (ASX) Chart
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