Can't fathom the Cannacord valuation. I have a valuation of $1.50 in 12 months time on GMM if all goes well and the results on the 3 recent drill holes show more resource. In the event there is economic mineralisation in the overburden it could rocket above that. Both GXY and GMM will sink or swim on Mt Cattlin. Both need it to be profitable both from a cash flow perspective and a credibility perspective. So far so good and all indications are that it will be a steady progression of good announcements.
GMM Price at posting:
63.0¢ Sentiment: Buy Disclosure: Held
