Gabriel Resources Ltd. (GBU)

[marcos]

russwinter on Merrill Lynch on Gabriel - #reply-18638399 -g-

Really i can't see the logic on working anything out on 0% discount ... but perhaps to show the effects of the chosen discount rate, sure .... in the post following that russ points out the exploration potential here, which has been neglected for some time

For me the negative here was always the political risk, there hasn't been for some time any question of them having economic ore .... and with twenty per cent of the villagers signing agreements, i perceive the political risk to be greatly lessened ... so it's moved up several notches on the watchlist, i still don't hold any, likely will before long though .... cheers