We have to be realistic desmond. There are strengths to Coburn, there are also weaknesses. It's still early days in mineral sands recovery so we have to accept it's still a buyers market . At this stage the main producers are juggling volatilty so a minnow like us will have to wait a bit. It may be months before any recovery really flows through properly to the juniors.
The key for GUN right now is to raise enough capital to get through the other side of recovery. That will put them in a less desperate bargaining position if/when a good opportunity arises.
GUN Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
