GAU great australian resources limited

MC,Yeah.... I still hold. Did dispose of some at 0.28c, but...

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    MC,

    Yeah.... I still hold. Did dispose of some at 0.28c, but still retain a holding. I was an IPO investor and acquired more stock in the low teens.

    Have followed the progress (and in some cases the lack of..) of GAU quite closely since listing.

    They had some reasonable hits at Menzies in the initial stages of exploration (Gold and Nickel), and they also proved up Corboys to around 150Koz JORC which was only calculated to around 60m in depth. Further drilling at depth may have increased this resource considerably.

    It just seems that they have a sole focus for overseas exploration and hence not fully evaluate their existing Aust assets.

    Cheers Freakme
 
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