GBE 1.72% 5.7¢ globe metals & mining limited

Ann: Malawi Government approves MDA for Kanyika Niobium Project, page-236

  1. 487 Posts.
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    I understand Chockdee, their intention of being here is pure gamble. They’re not necessarily long-term believers in a company’s story. Their investment horizon isn’t five or 10 years, their investment horizon is probably three or four weeks or maybe a day if they are a day trader.
    It’s obvious what they’re trying to do is take advantage of volatility and they’re trying to generate momentum in one particular direction.
    The good news is the pumping and dumping of a GBE is not likely to hurt its longer term prospects.
    “Ultimately the success or failure of a GBE will be dependent on all of the key fundamentals: project, management, commodity prices, market environment, ability to raise funding, all of those important aspects.
    A GBE longer term success or failure won’t be dictated by whether the posters on an hotcopper forum are ramping a stock or talking it down.” GLTAH
 
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