I have been in & following GIR since 25cents, so you can imagine I ame a happy chappy!
At 25c this was a "no brainer" if ever I saw one. Now, well IMO it still has so much going for it.
Lets talk about UTO:
They have some excellent EL's in WA, with known uranium drill intersections & samples, eg: Dawson Well which is also close to some good uranium deposits, eg: Yeelirrie (BHP), Lake Way (Nova) & Lake Maitland (RPT). But also have some good land in QLD & another good lease right next to Radium Hill in SA.
But what I really like is the management! They will have the same Director & Co/Sec as GIR. In the past, GIR have really looked after shareholder interests & have increased shareholder wealth. But to me the real key is Stephen Mann the 3rd director.
He was until recently, a director of ERA for 2 years
He spent 12 years with Cogema Aus. (COGEMA Resources is a subsidiary of Frances's AREVA group, and is one of the world’s leading uranium exploration, mining and milling companies)
And now wait for it: he is still heavily involved with Cogema Australia as a Director. - They have uranium projects all over Australia & are an absolute powerhouse! Why would he come on board UTO unless he felt they had something? What synergy will UTO now have with Cogema?
Remember TOE .... It was all about management, management, management!
IMO this will be a flyer !!!! People who know the score are lining up for their free shares.
Is that the end of the story? Far from it. As many of you posters know I have been calling AGS since the "teens" - Well, IMO GIR's ground around Beverley is better than AGS!!! Big call, because bev 4-mile is a MASSIVE u resource - but it will be proved true in time.
Then there is the rest of their exploration/resource/jv's/EL's enough to see another couple of spin-offs easy.
Then there is their holdings in PMH RHI UTO - all together will be worth $millions
Now compare all of this, and someone please tell me why this is company is only worth 1/3 of TOE
What a flippin Joke!
cheers
GIR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held