GCR 0.00% 0.2¢ golden cross resources ltd

silver resource, page-8

  1. 6,349 Posts.
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    Unfortunately GCR do not have any Silver deposits other than the 2 I have already named, thus the idea of blending their ore with Lewis Ponds. This would help the economics of all 3 operations. GCR & Tri Origin have shared goals in the region.

    As for JV's they have their share but I have to be honest many previous JV's that showed promise have gone by the way side. The last serious blow was GCap pulling the plug on Broken Hill. If Sipa & GCR can russell up the $200k needed to drill "the tip" (GCAp were going to pay this) the share price will move on speculation alone.

    GCR is a quality company that needs to find a cashflow to fund its exploration. They have always maintained that they are explores not miners and I think this has been a mistake. Shareholders are not going to keep giving them money forever!

 
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