GDA good drinks australia ltd

watso has noticed that some poster regularly posts information...

  1. 31,765 Posts.
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    watso has noticed that some poster regularly posts information about other companies on the gda thread, in an attempt to suggest that the information is favourable to gda.

    just to show how tough it might be for a junior iron ore explorer - then suggest one has a look at brockman resources

    brm

    100m shares on issue

    $35m cash

    1.6bn tonnes total resource of iron

    down about 15c to $1 - ie market cap of $100m

    check out the brm reports

    the market has lost interest in junior iron ore hopefulls (there are too many of them) - and even companies with good resources are being sold down

    next capital raising at about 3c. that will give long term holders, those who have read watso's posts since january, a great chance to average down.
 
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