RE: Zambia19 Jul 2025 13:20
Yes Zambia is a good place to be involved in for exploration. It is also where CB is known and can make deals. I am still of the view that the Botswana, Zimbabwe and Nevada assets will be sold off to enhance the Zambia licenses. I realise investors concerns of slow progress on the sale of licences but I do understand that this can take time. PI's are unable to understand that it takes on average 14 years from an initial find to a copper mine producing copper. We have much potential which I believe undervalues GLR and when compared to other AIM exploration companies should mean we are worth £50 million +. However, for me the AIM casino is our real problem and after I sell all my GLR shares or the company gets taken over I will vacate the AIM exploration casino because it is a complete mess. I have made huge sums from the likes of investing in EUA, RMM, HZM and GLR. Selling out of the first 3 companies in huge profits I only have GLR and another company which is delisted but a cash payment is expected but it is unlikely to make me an overall profit. So GLR is my only life changing position and I am a believe in it like I was with EUA. The reason I sold out of EUA completely was because it was up 100 times when I sold my last shares and the potential to go up was now limited. I sold out of HZM and RMM due to worries of excessive debt non of these worries are associated with GLR. I have a high % of my assets in GLR and if in 10 years time they are worth nothing I will still live comfortably but I do expect to have at least 10 bagged by then and sold out. The risk of losing money in AIM exploration is now massive and averaging down on the wrong stock is too easy without understanding the risks. I don't believe in diversification with say 10 AIM exploration companies because 9 will fail and your profit will be zero. GLR is now my only bet on being a multi millionaire.