GBG 0.00% 2.9¢ gindalbie metals ltd

Karara 68 % plus grade, page-57

  1. 5,622 Posts.
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    The cash is the cash . My guess is their
    Holding in the Karara project will ever be worth anything to the company .

    The real question is will the Mt Gunson project ever have the potential to b a comoany maker on its own .
    Copper & Cobalt & Gold sound sexy on paper . I seriously doubt the msnsgement of GBG have the ability to develop this project ...nor the entrepeneurial make up to make their big pile of cash work . They seem to function more like a government department . ....courtesy of the soft carry from their more than oatient Chinese partners .

    Good for a trade from time to time sub 2 cents to 3 cents

    Meanwhile everyone gets paid .....and the fat cat management arent going to do anything that will put their future oay packets at risk .

    Cheers

    VA
 
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