GBG 0.00% 2.9¢ gindalbie metals ltd

overview of iron ore stocks by tim treagold, page-18

  1. 2,648 Posts.
    I still dont get the point of the article though.If the point was to guide investors toward potential iron ore exporters to minimise your risk,why would you possibly include GWR.Sure they have a good deposit at Wiluna,but their in absolute disarray from a corporate point of view.A criminal investigation by federal police, a dodgy take over attempt by a company with no money and development program that is running years behind.Sure it may get up,but there is a good chance that it will never.I see it as much riskier than any of the others mentioned.I could name several Juniors that are better run and will produce before they do.Portman have already said they are not increasing their stake.Surely ANY magnetite investment is better than that.Again...poor research. Must have been a good showbag.
 
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