GBG 0.00% 2.9¢ gindalbie metals ltd

upbeat presentation from jones, page-27

  1. 897 Posts.
    "You'd have to also agree your perspective has now been influenced by the fact you don't have much skin in the game?

    Potentially you may want to consider if you're being as objective or rather validating your decision. Irrespective, I'm sure most here (including me) will continue to appreciate your commentary though."
    *****

    Denial,
    Re. your first point, You've got it backwards, it's actually the reverse.
    It was actually my perspective of what was happening in a global sense that caused me to remove "my skin from the game". Suncorp just dumped $1.4billion of securities at a >$60m loss. That sort of message is going over the heads of "long termers" as to how serious things are.

    I only have to validate my decision to myself but it was pretty obvious this thread has been dominated by bulls for a long time(including me). It is also obvious that the rules for the game for miners worldwide has changed and I've been trying to point that out. Whether anyone on Hotcopper believes would not influence the shareprice much.

    You just saw the 400k buys at 65c disappear before your eyes- I knew that was inevitable but you might have looked at it as good support at 65c? It's gone now. Selleres were working towards it and weren't about to leave it there. If another 400k buy builds at 60c now, they will work towards that.

    I have avoided up to now suggesting a low price for GBG because that isn't my purpose. Can you show me where in my posts I have bagged GBG or tried to downramp it? I have stuck to the overiding causes of the decline in the GBG shareprice and no-one can argue that it hasn't been declining for months.

    I can't be more honest than that.
 
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