GBG 0.00% 2.9¢ gindalbie metals ltd

upbeat presentation from jones, page-33

  1. 897 Posts.
    Denial, I know you weren't mate but I was trying to make that clear.

    To answer your question, ask George, he's "never been so relaxed"! Maybe he's smoking something? His shareholders aren't so relaxed.

    Seriously, no-one has any idea how this will all pan out. Timing GBG is unclear because when you least expect it something will happen, whether it be good or bad news.

    My reasoning is that while the outside pressures exist, the shareprice has no reason to turnaround and start a sustainable rise without either profits or, some very substantial news (ie. buyout).
    While pressures exist, news of finance, EPA, new orders, resource increases etc. will only see temporary bounces before the decline or stagnation resumes.

    At some point it will stablize and probably bounce around but no-one can be sure where that point is and if I had to guess, I'd say we haven't reached it yet.
 
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