So with a market cap of just $8.6m, SIR came from relative obscurity to earn holders 87 bags in a short space of time. GBR, with an opening MC of three time higher ($27m), are looking at 29 bags ($10.00 per share) from here to match its performance. Would be very nice indeed and whilst speculative of course, certainly within the realms of possibility.
Back in 2012 SIR had ppl selling below $0.10 immediately before the discovery which took them to $5.
GBR will be testing these exciting targets with the same team behind the SIR discovery within about two weeks, yet we still have sellers below $0.40 right now.
Ann: More Outstanding Conductors Identified at the Eastern Mafic, page-37
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