GBE 0.00% 4.0¢ globe metals & mining limited

lost interest, page-15

  1. 21 Posts.
    Danube: to drive GBE's share price up should be no one's priority; except short term punters who want to make a quick buck. The management of GBEs priority should be to add value to their projects at this stage a large investor is needed. The Market will price GBE correctly as value is added.

    If ECE is getting it so cheap; why is there no counterbid from other parties? How many of the punters who hold GBE shares will subscribe @ 35c a share to raise 41mil? I would say not even 10%.

    ECE is not interested in GBE for a quick profit; but to fast track exploration on GBEs projects; asses and hopefully bring to production in the medium term. No where in the world will you find someone who will finance such a large chunk of a project (at risk), without gaining some sort of control.

 
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