GBM 0.00% 0.8¢ gbm gold ltd

quarterly report, page-5

  1. 177 Posts.
    Look, what's everyone worried about? The s.p went up 10% on the back of the three announcements!

    We are all lucky to live in a lucky country, and clearly, the accountants in GBM just need a bit more luck when the prepare the financials.

    The old time miners produced 6 million oz from this region, based on what? Luck. Think of the savings if GBM switched back to that formula - and the accuracy of the accounting statements may not even diminish.

    We'll all make dough some time after GBM comes again into production this month.

    I'm gonna spend the profit investing in companies that have a policy of trusting in luck. They don't need to spend their shareholder's money on high paid accountants, geologists, directors, and metalurigists, all of whom burn cash while promising to deliver in the future. They just need a few good old boys who have the luck.

    Who cares if the accounts need to be done 3 times - get back to the fundamentals, the tried and true, the thing that made this lucky country great!
 
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