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Sheeza - as I see it AMX are 12 to 18 months ahead of GMR with...

  1. 1912
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    13/02/12
    22:02
    Post #: 9687615
    Sheeza - as I see it AMX are 12 to 18 months ahead of GMR with their exploration program and results.

    AMX has a mkt cap of $286m whereas GMR has a mkt cap of $73m at this early stage.

    GMR has reported a significantly higher grade (57m @ 23g) at Balogo from initial results received from the current 30,000m drill program.

    If similar outstanding grades are replicated in future holes our mkt cap will increase significantly IMO and current SP will be history.

    I'm a long time supporter and whilst it's taken a long time to get to this position it's pleasing to see a number of institutions are now on board and obviously see similar upside.

    Good luck to all holders.

    PS: are you back in Massey ?




    GMR Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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