Hello Dave
I suppose I should presume by your evasive answer that GMD is in fact in the market and would like to pursue a few trains onto adjacent yet to be acquired claims. If correct, touch your index finger to your nose.
You have posted one plot on your website, which did not have all that exciting a G-10 grouping. On the other hand, I have seen plots of some of your trains, and they are a whole lot better than that.
Having gone to the detail you did with regard to the type and quality of your garnet chemistry in your last announcement, I don't see how posting your plots will be tipping your hand. If your trains are near your claim boundaries, that is another matter and quite understandable not to publish, however, you have as much as implied that they are. Therefore it seems to me that the owner of those adjacent claims would already assume that you know something he does not, so what is the difference?
Bottom line however Dave is when will drills be turning hence when can existing shareholders begin to believe that their interests are upper most in the companies mind?
In my humble opinion, I believe the market is watching the NWT diamond play again and GMD again appears to be oblivious to this fact and to exploiting this attention. There is no other junior resource story...
I still get the sense that Royce is just an after thought Dave and the company is still focusing on Discovery. Do you honestly intend to pursue Royce's potential? It is not clear to me and I suspect to many others.
I suspect there will not be a fall sell off this year as that occurred in March-August. In fact, I would not be surprised to see a modest fall rally on a few key plays, but in GMD's case, only when it tells the market it will be drilling.
Investors go where the action is Dave and right now, its Victoria Island and Snap Lake and certainly not south of Snare Lake. Early in the New Year it will be Munn and Margaret Lake and perhaps Kennedy.
GMD needs to take advantage of that attention.
A reply that some how can communicate a sense of confidence in immanent action would be appreciated.
Regards |
