Gibb River makes Edjudina Gold Discovery

Gibb River makes Edjudina Gold Discovery

This week we will again avoid commenting on the macro- markets and the larger trends, as the US Presidential election dominates expectations and uncertainties ... along with the virus, of course. There is plenty of commentary from other sources if this is what you want. We are focusing on specifics of company news flow. The first one is an interesting gold discovery in WA.

I have kept a roving eye on Gibb River Diamonds (GIB) over the years, first seeing it as a phosphate company, then as a diamond company and most recently as a gold explorer. The announcement last week of a gold discovery at Edjudina, about 25 km east of Saracen’s Porphyry Gold Mine, looks perfectly timed to appeal to investors in this market.