re: go gindalbie. 1.29billion tonne resource
Remember this is the Magnetite. This is not going to generate any $ till the pellet plact et al is set up in 2010. The Haematite is the one to watch. If we have a firm commitment to mine this and the size of this resource increases we will see a huje jump in price. remember the Haematite is going to help pay for the mine operations and development up to Magnetite stage.
Have sold out some of my stock now and will buy in when she retracts some more.
Have enough in the super fund to ride a big rise if I am wrong but I have been watching this for some time.
Good luck though
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held