GME 0.00% 5.2¢ gme resources limited

colbalt still soaring

  1. 63 Posts.
    Sorry guys for typing err on colalt and also the figure should of been in lbs not kilo. Anyway COLBALT now at $51
    a lb and climbing strongly.

    I'm back into GME for the long haul now. Been in and out for the drilling campaign. Simply can't ignore the ridiculously low SP at the moment. Can't see this falling below 30c and more then happy to take a position on a 38c average. Any thing under 50c cheap imo.

    I recon a lot hinges on the demo HP at Minarra. If it comes up trumps,which I recon it will ( check out their last Q report ) this should become a big driver for them. Should or enough will be revield in MREs 3rd Q report for me to load up again. Note - 75% reclaimed Ni and continue to constructed and load remaining pads.

    Simply a patience game now but can see some great gains from here. Don't have to be a rocket scientist to work this one out. Looking forward to 2010.

    Good luck to all holders.
 
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