GMM general mining corporation limited
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re: Ann: Acquisition of Uvs Basin Mongolian C... This is a...

  1. BenPud
    110 Posts.
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    27/09/11
    18:25
    Post #: 9018341
    re: Ann: Acquisition of Uvs Basin Mongolian C... This is a positive announcement. Many on this forum, including myself, have been calling for the Mongolian subsidiary to deliver an acquisition from their pipeline of opportunities and this is a good start.

    A couple of months ago this announcement would have sent the share price skyrocketing. In the current market this looks to be more of a slow burn but the case continues to build for a re-rating.

    GMM Price at posting: 13.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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