back of the envelope musings, page-38

I was looking for an iron ore stock that provided a long term future, but still at the early stages of development. GBG appears to fit. I didn't expect to be able to come on board at 122c since I found the stock. I guess that the opportunity has been provided by the the debt crisis in the Euro Zone and other scary stories.

I do confess that I don't understand what the correlation is between the Euro debt crisis and GBG's prospects are, but given that the SP came down at the same time that the news came out of Europe, I should imagine implies something, like the impact on future iron ore prices. Just a guess.

Only time will tell whether I have jumped in too early, but even if I have, I hope that in the long run it won't make much difference.

Good luck to all, and as a holder I shall be reading contributions with much interest from now on.