G79 0.00% 2.7¢ goldoz limited

Meaningless Announcements, page-15

  1. 10,580 Posts.
    lightbulb Created with Sketch. 2094
    Well this latest announcement was meaningless or at least damaging to the share price as investors start to wake up that the ruby operation may not be as profitable as many thought after looking at a large batch of tiny badly shaped rubies.
    Now that dump Thursday is over or maybe not as a sell off as I originally thought,we can all look forward to potentially dump Friday thanks to such a lovely batch of rubies being announced today.
    It also should be noted that no two gem mining operations are the same and in most cases one can be very profitable and the other not,so comparing GEM to MUS is just ridiculous if you understood hit and miss in mining to do with precious stones and rock formation.
 
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