Hi all, 2019 is upon us and we're still waiting for sample results taken in November ? This brings me onto a thought I had about GTE two days ago - are we (management) spending too much time doing deskbound research INSTEAD OF using our gutfeel taking samples, then quickly processing these samples, from various tenements to look for commercial possibilities ?
This difference IS IMPORTANT - as it defines the sort of company a junior exploratory miner shapes itself into.
Too much passive deskbound research - in my opinion if carried to extremes, leads to a company that doesn't act, but reflects TOO much. Our business is to make MONEY , not over speculate about endless possibilities. To do that we need to raise exploratory mining funds, that numbers in my view to a stash of at least $3-6m, not lesser amounts. Whilst a junior exploratory company cannot influence the overall national and economic environment - which could be favourable or unfavourable at any point in time, IT CAN focus more on soil sampling money making possibilities, than overinvesting in deskbound research. It needs to convince investors, both big and small, that with: expertise, experience, luck, a bit of risk taking and drive - that it will find something ! That people, defines a junior explorer, that goes somewhere, rather than one that remains stalled..........
Cheers
Bluequartz
GTE Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held