1. Are they looking for IO in multiple areas geographically? No I don't think this is GIR's Goal. 2. They seem to have a lot of potential in a vast number of exploration areas but are they just scratching the surface to maintain their tenement conditions? You probably seen that GIR just purchased northam tenement. They have alot of options if they have to much on there plate, they could sell the resource or collect a bunch of tenements and spin off another specialist company or hire more management staff. All which would add value for the shareholder 3. Where are they focusing their effort? From the strategy statement on their home page. The are focused on progression of their existing land-bank. So they are looking at near term opportunities with what they have got for resource development and growth. Quite possibly this strategy will take into account which metals are the flavor of the month and push the development of the respective resources. So far i think the management and strategy is brilliant.
GIR Price at posting:
64.0¢ Sentiment: Buy Disclosure: Held
