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2.6¢ gindalbie metals ltd

Karara 68 % plus grade, page-58

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albalad

1,066 Posts.

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27/11/17

09:57

Post #: 29134976
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Originally posted by valueadd ↑

The cash is the cash . My guess is their
Holding in the Karara project will ever be worth anything to the company .

The real question is will the Mt Gunson project ever have the potential to b a comoany maker on its own .
Copper & Cobalt & Gold sound sexy on paper . I seriously doubt the msnsgement of GBG have the ability to develop this project ...nor the entrepeneurial make up to make their big pile of cash work . They seem to function more like a government department . ....courtesy of the soft carry from their more than oatient Chinese partners .

Good for a trade from time to time sub 2 cents to 3 cents

Meanwhile everyone gets paid .....and the fat cat management arent going to do anything that will put their future oay packets at risk .

Cheers

VA

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I think sentiment might drive this higher as things mature Mt Gunson - Sentiment is what drove this company to heights some years ago - could easily re-occur and some serious dollars to be made if you have the appetite for the risk.

GBG Price at posting: 2.3¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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