Re: GBM - Greater Bendigo Gold Mines
If you have a read of the website you will see that GBM has built up a good team to run & operate the mine which indicates to me this small company has come a long way over the last year from an Explorer/developer to actual PRODUCER which alot of small...
Re: GBM - Greater Bendigo Gold Mines
After digesting the cash flow activities & prvious announcements it certainly looks like the market is still to get a good handle on the potential of GBM going forward !
I have summarised some of what i think are the more important components of their...
Re: GBM - Greater Bendigo Gold Mines
Exactly !
GBM come a long way since listing a year ago.
More than one area of profit generation to take into account on this stock.
1. Gold Production....
2. Gravel Sands......
3. 50% int in drilling rig...
4. MRT ... part of gold recovery...
Re: GBM - Greater Bendigo Gold Mines
Hard to work out the likely resource of the 3 drives that they are doing !
Director Hoare has been buying alot of stock so that may send a reasonable message of confidence & potential of the maxwell mine.
We await further info for clarification !:)
Re: GBM - Greater Bendigo Gold Mines
Interestinting presentation by the Chairman at todays AGM
"GBGM is on target to become a producer of Gold & instigatea profitable monthly Cashflow from early in the 2nd half of the current financial year Jan to 30 June 2008"
Tragetted Output to:
5,000+...
Does anyone have a view on this small cap ($8mio) which has just had a bit of run up on the back of announcing a new Chairman (McSweeney) over from Gindalbie Gold.... He has managed to turn Gindalbie into a $300 mio stock in the 2 years that hes been at the helm.
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