Club Mulgoa

Monday, September 03, 2012

GTE

The trading halt has been lifted because the trenching results are excellent.  You wonder why no one previously had noted how much copper there is.  Cupric oxide has a distinct green colour that even a non-geologist can discern.

The rise does not match the extend of the surface deposit.  But Kazakhstan has a peculiar government like most of the central Asian countries.  One moment you are invited in warmly to explore and then AFTER you have discovered a good deposit, corrupted politicians move in.

GTE has not explored its own backyard yet near SFR's prize Doolgunna deposit.  And that I can't understand.

For those who bought GTE while it was much cheaper, enjoy the ride.  Whether it lasts forever, upwards, you can never tell.

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