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Gabriel Resources Ltd V.GBU

Alternate Symbol(s):  GBRRF

Metals & Mining Gold
Gabriel Resources Ltd. is a Canadian resource company. The Company's principal business consisted of exploration and development of the Rosia Montana gold and silver project in Romania. The Rosia Montana Project, one of the largest undeveloped gold deposits in Europe, is situated in the South Apuseni Mountains of Transylvania, Romania, an historic and prolific mining district. The Bucium exploration concession is located approximately five kilometers to the southeast of Rosia Montana in Western Transylvania and bordering the Rosia Montana exploitation permit. The exploitation license for the Rosia Montana Project is held by Rosia Montana Gold Corporation S.A., a Romanian company in which the Company owns an 80.69% equity interest, with the 19.31% balance held by Minvest Rosia Montana S.A., a Romanian state-owned mining company. Its subsidiaries include Gabriel Resources (Barbados) Ltd., Gabriel Resources (Netherlands) B.V., Gabriel Resources (Jersey) Ltd. and RM Gold (Services) Ltd.


TSXV:GBU - Post by User

Gabriel Resources Ltd > Optimistic outlook
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Comment by TELEMARKERon Feb 28, 2024 7:16pm
52 Views
Post# 35905178

RE:RE:RE:RE:Optimistic outlook

RE:RE:RE:RE:Optimistic outlookWhen majors buy deposit from juniors
gold in the ground is valued at approx $100 / oz
silver in the ground is valued at approx $6 / oz
I suggest this would be the case for a settlement with GBU
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