It looks like GIR is taking advantage of the times like they did during the tech boom. Back then I recall reading that they were buying up tenements dirt cheap when the new economy was replacing the old resource economy. Handsomely rewarded with lots of cash through the spin out of the IPOs.
However in terms of proving up to mine status they seem to lack a few of the others like MGX and AGO when they had such a head start in the first place. The bull run in IO had come and gone but GIR is still only exploring in the multi tenements in their portfolio. Maybe management should focus getting a mine up instead of looking at all the potential areas. I don't want to wait for the next IO bull run and who knows when that is.
GIR Price at posting:
59.5¢ Sentiment: Hold Disclosure: Held