Morning all,
as we head into Xmas and the end of another year, the lesson from 2018 for GTE holders must surely
be - patience !!!! Reflecting on the Yerrida maps we get posted via GTE ASX statements, we see multi-million
gold finds next to our tenements. This region appears to either have huge amounts of gold in between vast areas of
tiny traces of gold. An all or nothing situation ! Unlike that which is found in the Kalgoorlie region, where modest finds of
under 100,000ozs gold deposits seem to get a lot of hopeful exploratory miners off the ground and running.
In other words, where we are appears TO BE, a long shot region - with very high reward, IF, we get things right !
In that sense, we're quite different from other WA junior exploratory gold mining companies. The risk -reward with GTE with respect
to gold, appears to be very high risk
and potentially very high reward
, to go with it. But years of nothing in between
.
If we examine world mineral demands for 2019 and beyond, we see (check various mineral indices) cobalt and copper will be needed
in increasing amounts. I am therefore pleased that GTE management, will also, be more vigorously looking for these in 2019.
They, risk wise, given our existing copper producing neighbours, may be more likely in 2019 to occur for us than a massive gold deposit discovery, but you never know-----------
.
So as we head in 2019, a more intensive multi-mineral focus, may well pay off for GTE holders in the first half of this coming year.
Season Greetings
Bluequartz
