MGX 7.14% 30.0¢ mount gibson iron limited

Hi Mac The Grr posts were in direct response to Tokyo post and...

  1. 20,449 Posts.
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    Hi Mac
    The Grr posts were in direct response to Tokyo post and question whether there is a better value stock - a direct question and he got a direct answer from three posters who understand both business well . I couldn't care less if any MGX holders buy GRR as I couldn't care less whether any MGX holders buy or sell MGX, or GRR holders sell GRR to buy MGX. It doesn't in my view make a difference as the numbers both now and into the future will drive the SPs of each company. All we have here is a discussion on the relative value of GRR and MGX, two cashed Up IO producers, and not one poster including me has been negative on MGX and suggested its a sell. I simply feel post MGX quarterly, GRR provides a better medium term ( 9- 12 Months ) total return assuming my cash estimates for GRR are correct , but as with MGX , it may be that GRR disappoints as well. I got my MGX margins wrong.
    I think people overestimate the impact of people's commentary on HC has to the ultimate performance of a mid cap.
 
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