GMD 3.99% $1.96 genesis minerals limited

You are right to trust Finlayson and Co. Your stock has lost...

  1. 314 Posts.
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    You are right to trust Finlayson and Co. Your stock has lost nearly 50% since he's been there...

    As you rightly say, it's an exploration company, without sufficient income at the moment. We will therefore need new money, new share issues and a dilution of share capital. On arrival, either it passes or it breaks like DACIAN and, in this case, a vulture will pounce on GENESIS.

    The current price of gold does not encourage optimism, but your confidence in the management of GMD is a pleasure to see. Good Luck!
 
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