GBR 2.33% 4.2¢ great boulder resources limited

News: GBR Great Boulder Resources Enters Agreement With Ausgold To Form A JV, page-4

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    The fact that this was released after market today may be pre-empting an announcement tomorrow morning.

    My take is that it all sounds very positive and seems to indicate they already have a profitable mineable operation, but will improve substantially as they increase their understanding of the structure. The bottom line is it is a VERY large area of mineralisation amenable to open cut, which means it can be profitable at current grades and the higher grades, when they do find them will be a game changer.
 
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