GMC
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0.00% 0.6¢ gulf manganese corporation limited

Ann: Trading Halt, page-66

  1. DrFork
    4,136 Posts.
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    12/12/16
    18:11
    Post #: 21281453
    A few alternatives IMO
    1. Pak pulls out - Hell no... It can happen but I really hope this is not the case.
    2. Pak wants to go to 20% now - Hell yeah!!
    3. GMC decide to strike while the iron is hot (geddit) and raise to fund all six smelters now to cash in - Double hell yeah!!
    4. End user wants to lock in supply and takes up cornerstone stake similar to Pak to enable option #3 - Triple hell yeah.

    Anyway always a good idea with specs to take profits on the way up. I'm sleeping a lot easier knowing I have at least recouped my initial capital.
    GMC Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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