GBG 0.00% 2.9¢ gindalbie metals ltd

where are the institutions, page-13

  1. 5,254 Posts.
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    I share your fustration. Me and my brother are heavily in the red. We are yet to sell a single parcel but together have over 50k in unrealised losses on GBG.

    I was actually going to buy in today at 70cents with my last amount of free cash, but removed my order and bought BRM at $1.80. I knew BRM was undervalued with that brilliant announcement and had a huge upward movement cranking. I'm planning to take profit on the BRM within the next week and put all in on GBG at these levels.

    I really think we are being played. GJ buys 1,000,000 for his SMSF and 500,000 in his foundation......Seriously isn't this a buy sign? 70 cents is a complete joke. Hopefully I can buy another parcel at these prices while my BRM sell.

    You would think Ansteel would be tempted to buy in considering its so close to placement prices and they have another 8% remaining to potentially buy (i understand they already own half Karara and Mungada).

    I beleive this is simply a waiting game. It is so close to production with such wonderful resources and a brilliant BFS.

    Ignore your position statements and just BUY BUY BUY - assuming you haven't done already.
 
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