GBM is an appealing prospective gold producer in Qld

Gold looked great last week, rising over 7% in just five days. So, we should not be too worried about the profit-taking on Friday night. Gold does appear to be back in favour following the correction and consolidation over the last six months.

Sentiment has continued to improve with the Oscillator continuing to strengthen. Money is coming back into the market, so follow the money.

One stock we have been following closely is GBM Resources, a Middlemas-related company with 1.84 Moz in resources in the Drummond Basin in Queensland. We give a brief summary this week.
 

 WeeklyComm29August2026.pdf