The problem for those still holding GWR when care and maintenance starts is the buyers will not be there. If a seller wants to offload any descent amount it will take the price much lower. Like the seller wanting to sell 618,851 at 14.5 cents about $90,000 worth. It would be great if they still held the Gold Asset they they could spent the money developing the asset. They may have to spend the money developing TGN's tungsten project as every other project has been sold. I used to love this stock we had so many great assets then Management put all there eggs in one basket with no hedging on the Iron Ore price. Now China wants to punish Australia the Iron Ore price may go a lot lower.
GWR Price at posting:
14.0¢ Sentiment: None Disclosure: Not Held
