re: Ann: Drilling continues to expand the Gro...
Petey wrote Its a controlling stake in the best emerging gold co on the planet.
Petey- if you want to know the best emerging producer in my opinion look at TAM ( on the eastern side of the border.) Groundrush has elephnt written all over it -rich elephant.
It also has two plants and is a producer.Admittedly it has done little to remove execution risk on its production - but hey ABU has got nowhere near this point on the curve.
Hotfire - I have watched your semi cult following of technical analysis (particularly on AGO ) with interest, but how applicable is it to this share.
The share is much less predictable than say AGO and one of three things can cause it to have a quantum leap. 1 Repeating the last drilling results - or anything close along the same vein 2 Demonstrating we can control costs when we produce 3 Producing a clear mining plan for Groundrush.
In my opinion two of these will happen in the next month and for this I fully agree with your sentiment that this deal is good simply because we have the CR after the quantum leap has taken place.
Does anyone know or suspect a link between AP who had the the shares as collateral for their loan to us and APAC to whom they were sold.?
Excitin g times ahead.I expect your trading screens are going to have quite a few "r" or * next to the TAM column as we see drill results, the PFS study for groundrush due early Feb,possibly some change in shareholding and -allow me to dream-A SPEEDING TICKET REPLY
TAM Price at posting:
66.8¢ Sentiment: Buy Disclosure: Held
