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nice clar out of gip, page-24

  1. 749 Posts.
    re: gip versus sgw - goldbars Goldbars,

    To suggest that GIP will struggle because SGW is "doing it tough" in the Ta market is to compare apples with oranges. GIP's projected extraction and processing costs are around 75% lower than SGW's.

    In addition to its world-class Ta resource, GIP also has feldspar and tin resources each valued at multiples of its current market cap. If the BFS confirms the story as we know it thus far, this stock is off and running in my view.

    And I haven't even included its exciting Egyptian gold tenements, some of which have lain virtually untouched since the time of the Pharaohs - yes, that's the exotic touch that all genuine speccies need.

    Of course I am not objective but I am very comfortable holding the stock with the risk/reward ratio it represents in its present form.

    R/Gupper
 
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