Article from The Age. Stocks to watch. Full article www.theage.com.au/business/stocks-to-watch-stack-up-well-but-risky-times-ahead-20101219-191vu.html
IRON ORE:
Gindalbie (GBG), developer of the Karara iron ore project in WA's mid-west in a joint venture with China's Ansteel, was the June pick at $1.07 a share.
It closed on Friday at $1.325 a share.
It is staying in the December picks because as Garimpeiro pointed out last time, it is one of the few second-tier iron ore stocks out there that will actually get into production before iron ore prices retreat, as they inevitably will.
Article from The Age. Stocks to watch. Full article...
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