GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Gulf Manganese IMnI June 2018 Annual Conference Presentation, page-5

  1. 5,068 Posts.
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    yeah more than likely one of the reasons the SP is not jumping in leaps and bounds... personally if all is lined up as they portray and production is in progress then the SP will just spike hard rather then a steady incline, after all once revenue is in play who knows where the SP will be sitting... Ive invested in a few coys over the years like this one that just seem 50/50, but then wham Disallowed in a blink, rare, but possible... the lack of confidence is noticeable via the SP, but again the hurdles that are in front of them are achievable in a realistic time frame... this level of buying is worthy of a punt to say the least... seems to have found a floor for the time being.. soon as smelters working and DSO sorted then good bye to these levels IMO...

    I think big money is watching... but just waiting for a closer sense of security... line wipes will happen over the next month or 2... back to the 2 cent range in a blink is very doable..
    Last edited by Mr.Gold: 20/06/18
 
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