strong interest today

Very strong interest today due to:-

Major shareholder PAL has invested a further $1.2m overnight by taking an 8m placement @ 15c (in line with recent cap raising) to retain its similar percentage holding in GMR post the cap raising - a good sign IMO.

IMO also todays increase is in part to a well known tipster suggesting GMR as a potential "next big thing in West Africa" suggesting they may have found the next big gold deposit there.

As a result they could be on the verge of doing what other Aussie stocks active in the same country have done before them with SP increases of 864% and 1434%.

Further results are awaited - patience by holders and hard work by management is being rewarded.

Looks as though we are on the way !!