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Gabriel Resources Ltd V.GBU

Alternate Symbol(s):  GBRRF

Metals & Mining Industrial Metals & Minerals
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
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Comment by oddykogon Nov 14, 2007 11:46am
341 Views
Post# 13805746

RE: dead money

RE: dead moneyOnce they find the key to the permit, GBU will fly. If you have bought since the Romanians caused problems you can ride with it hoping for the good news one day. Whether it is money, power, shares - one day that deposit is going to be mined responsibly. At least Romania cannot expropriate - they are subject to the EU courts now!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities