I think GIR has been under the markets guard for a while.
Put it on a relative basis comparing it to the recently floated Junior Explorers not to mention other Junior Explorers established in the field, and you can see not only that it has a relatively large portfolio of quality deposits, but also it is run extremely efficiently.
As an article suggested in the Age regarding Giralia, it has the ability to split itself up into 6 different Junior Exploration companies. Now thats significant.
If this company ever made it into production, or had one of its joint ventures positions move into production status then watch the dominos fall with further exploration on other tenements, further proposals for production and it continues.
Its a nice little junior resource company to have in anyone's portfolio.
GIR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
