GLA 6.25% 1.7¢ gladiator resources limited

director takes up $520k worth., page-33

  1. 12,115 Posts.
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    In last two days almost 14 million shares have changed hands which is extremely high volume for gla.

    Only 10 million been sold sine 1 Nov 11 when share price was 15 cents.

    In spp, 70 million shares been taken by share holders which I believe must be in massive losses due to continue decrease in sp.

    An interesting point to note, it has never produced any bad results rather extremely good drilling results.

    I think at these levels with half of cash backings, extremely high volumes, directors massive intake of spp, only 200 million shares, good proven resources and other factors makes it a great buy.

    I am buying GLAO with target price of 4 cents.

    DYOR
 
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