OTCQX:GTBAF - Post by User
Comment by
Canuck11on Nov 17, 2019 3:45pm
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Post# 30362099
RE:Chat with Gwen
RE:Chat with GwenThe company is in a race against the clock; the real question is how much time do they have to prove up a large enough resource estimate before the price of gold takes off. From a seasonality perspective, we are entering the time of year when gold normally increases in value, but on a more global scale, what is the catalyst that sets off the next gold bull run. The timing issue is the risk the majors will encounter when considering when a decision point on the scale of this deposit is realized through exploration vs the rise in price of the commodity. These are conditions that place GBR in the sweetspot. No point speculating on the timing, just important to recognize the dynamics that are currently in play.