GBZ 0.00% 0.9¢ gbm resources limited

what does it all mean?, page-23

  1. 1,340 Posts.
    Johny435, when Peter called me back last Thursday I can't say I detected any note of panic. He did mention water, I think in relation to t2/t4 preparation but I did get the impression they were over whatever problems they may have encountered. I also got the impression that "head office" is a particularly lean operation (my emails took months to respond to). As far as orderly selling alleged to have occured in the time leading up the t1 drilling results, I refer you to earlier posts on this issue. "Orderly" is another word for consistent. What is more important is that there was no spike in selling just before the results were announced, which would have been a much more reliable indicator of insider trading. I also note that Peter has not sold any of his 5 million GBZ options, which I think is important. He has the most to lose.

    Yes, you may be right and it may turn out to have been wise to get out while there is still something to salvage. Personally, I think you have jumped ship too early. Any day now significant announcements could come out of CDU which will change the prospects for the whole area, let alone t1-t3. Those SAM results didn't happen by accident!
 
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