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  1. 715 Posts.
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    Today was a day to remember for GMR IMO.

    I strongly believe that will be the end of the SP being under 8c, although of course you never know. It's been mentioned that there may be weaknesses/opportunities to pick up some more under the 8c mark, and this may be the case, but due to the fact that there are so many true believers in this company, I don't see it CLOSING under 8c as any of those loose shares flying around in the 7's will happily be picked up by myself and others that I know of.

    It's amazing that the MC is still so low. Does anyone think that the Royal Group associates with no-hopers? And IMO, if by some remote chance that all the current projects amounted to nothing, the Royal Group would more than likely buy some very expensive piece of land to ensure that their affiliants (in this case GMR) are succeeding.

    Has anyone seen the video that I mentioned this morning that DRK released (Wab mentioned it again just before)? Look at the land. It's always proved to be a happy hunting ground. Did anyone also see DRK's SP today? Up 12.5% in case you didn't know. Furthermore, look at the sell side. If that 15c gets wiped out, unless further sellers come in, oops, no more shares on offer!

    As DRK really has no other projects on the go, this increase is purely due to the Sweden project and it's immense potential. By the way, GMR ends up with a little more of the Sweden Project that DRK if it goes successfully due to the deal struck with the Royal Falcon.

    Mali is Mali. No one really knows what's going to happen there until these eagerly related results are released which IMO should be relatively soon. I wouldn't even be surprised if they are released this week. The Mali project alone could send this to 20c, but the good news is if the results are not as expected, the SP really shouldn't fluctuate as Sweden is almost a 'good thing' and other projects would just be around the corner with this board at the helm.

    I'm not going to sit here and tell everyone to "hold, hold, hold because you'll be sorry if you don't", but in saying that, i'm not criticising anyone who has. However, IMO, we are all big enough and ugly enough to look after ourselves, and if you are currently holding and for some reason want to sell, go ahead. You are more than welcome to let a few of us pick up some more and let new investors get in at an even better price who are willing and wanting to hold on for the long term and ride this right through.

    I now have 80% of my holdings in GMR and am very happy with that, you could even say i'm very confident! I hope to add to my holdings if there is a drop under 8, but i am not holding my breath!

    Once again, good luck to all.


    JS
 
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