After holding GBR for over 8 years with the hope of a long awaited turnaround, I made the decision to sell most of my shares last week at a loss. Given today’s decline that decision has proven to be the right one.
I’ve since reallocated my investment to another company and have already recovered the majority of my losses - something GBR was unable to achieve over nearly a decade. At this point, I have lost confidence in the company’s leadership and prospects.
Should there be any short - term recovery, I plan to exit my remaining position entirely.
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