G1A 0.00% 5.9¢ galena mining limited

The issue isn't so much the illness... it's laying bare how...

  1. 534 Posts.
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    The issue isn't so much the illness... it's laying bare how intertwined everything is with China - and when China goes into lockdown the global economy gets beaten up, as all those widgets made in China needed to run/make your 'insert just about any product here' just aren't being made or shipped. It's really a supply-chain disaster. Couple that with extreme indebtedness by nation states etc, and I can see the case for the whole house of cards falling over through this one 'black swan' event. While G1A isn't quite as China-dependent as many mining juniors on the ASX, it is obviously still wearing some heat. I just didn't think it would sink as much, and is making my portfolio look a little pear-shaped too. But to sell out at these prices is madness. We need something from G1A to show that we were are ok as an enterprise in the current bloodbath... not just lead prices in AU$ (which are a lag indicator imo).
 
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