GTE

There have been some spectacular rises for stocks around this area, especially after drilling results were released. SFR as we know was worth only a few cents but when a rich copper lode was discovered, it went ballistic. This maybe the tip of a copper iceberg.

Yet when you look at geochemical/VTEM studies, done to give a higher chance of success with expensive drilling, you will realize that the biggest hottest area is within GTE's tenements. In the recent months, this stock has been hovering around a particular range while some neighbors have gone skywards. Market is ignoring its preliminary scanning studies.

I acquired GTE when it was spun off from URA. URA is only worth 10% of its value although it had a massive spurt recently due to its manganese ore production. But why worry about a falling stock when its offshoot has become one of my top 5 biggest stocks? Once upon a time, not many years ago, GTEO was worth less than 1c, now 16c. My last top up of the ordinary shares was a year ago now. Unfortunately, the history of equities is full of "easy come, easy go" events. If nothing is found when GTE finally drills into its ground, then it will vaporize. I have not sold any GTE yet.