The cash is the cash . My guess is their
Holding in the Karara project will ever be worth anything to the company .
The real question is will the Mt Gunson project ever have the potential to b a comoany maker on its own .
Copper & Cobalt & Gold sound sexy on paper . I seriously doubt the msnsgement of GBG have the ability to develop this project ...nor the entrepeneurial make up to make their big pile of cash work . They seem to function more like a government department . ....courtesy of the soft carry from their more than oatient Chinese partners .
Good for a trade from time to time sub 2 cents to 3 cents
Meanwhile everyone gets paid .....and the fat cat management arent going to do anything that will put their future oay packets at risk .
Cheers
VA
GBG Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held