GBG 0.00% 2.9¢ gindalbie metals ltd

speculation in afr today re ansteel , page-17

  1. 5,263 Posts.
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    I really think the CDB loan will have a significant impact on GBG. Selling from margins and nervous investors looks like it has ended. Volumes traded is very low, there is simply no buying. CDB should generate some interest and stimulate the share price. GBG seems to be the only large scale project really moving. ARH, MMX, AXO etc are stagnent. Although MMX is partly due to the fact that there resource estimates were incorrect, and now have dog #$%^.

    I understand that the 70m order for long lead items had no impact on the shareprice, however I considered that a real significant milestone. Infact I see it as even greater confirmation that the Ansteel instalments.

    Interesting times ahead, I am completely with Dhuy on GBG - It will be the shining light of ironore hopefuls. I hope all the loyals here are loaded up to the brim with GBG.
 
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