GUE 9.09% 12.0¢ global uranium and enrichment ltd

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  1. 151 Posts.
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    I bought in at 48c so naturally am disappointed to see the rotting share price. However, such is the speculative side of the share market. OKR offers great value at these prices to those who are just discovering the stock ($8.5M mkt cap, $4.9M in the bank).

    Mambasa looks interesting, early-stage, lots of gold and some nice soil anomalies. I would like to see some contouring though to understand where the 50ppb and 100ppb zones are. The current graphic isn't particularly useful. The results of the stage 2 soil program should shed some light on the shape/width of the anomalies, and hopefully result in some aircore drilling later this year. This smells a bit like the early days of Burey Gold / Amani Gold.

    They are still progressing the DRC copper projects, with some detailed mapping underway to assist in targeting. I'm still optimistic that the due diligence will be positive and OKR will go ahead with this project.

    And of course, there is always the chance of a new project being vended into OKR.

    Overall, i think OKR are in a good position, and as previously mentioned, you have to have patience with this one.....
    Last edited by desertpunter: 02/08/18
 
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12.0¢ 12.5¢ 11.0¢ $306.5K 2.635M

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Last trade - 16.10pm 22/05/2024 (20 minute delay) ?
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