Had a few k of these free carried from a while back and doubled small holding at $1.09 for kids LT.
Noted today that vol is creeping up.
Point taken about easy entry to BHP plus quite a fistful of others.
Paid a 6c div recently not to be sneezed at given most miners pay directors before shareholders.
Busy with a quiet buy-back programme and have not published the NAV of investments for last month yet.(maybe missed it.) Last time I looked it was a little below the NW of investments but those should have moved forward by now but the SP of GMI very little.
Probably well placed for the lazy to pick up the resurgence of minerals - their portfolio used to be published on their site. Have not checked for a while.
Worth some research for those looking for a comfort zone in the (has to be) gold explosion. Must be a good one for the super fund if you manage your own.
GMI Price at posting:
$1.10 Sentiment: LT Buy Disclosure: Held
