GBG 0.00% 2.9¢ gindalbie metals ltd

head for the life rafts, page-24

  1. 249 Posts.
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    after 7 years of believing in GBG , today i sold the last of my shares of over 1m.
    i made a 50% loss on my investment , however i now firmly believe there are better investments elsewhere with less risk than GBG.
    The upside on GBG has been eroded with each "share placement" and Ansteel friendliness and the downside risk remains real and effectively in my view , are variables outside of GBG control. This sanguine view assumes GBG executes perfectly from now on.
    Also as i started seeing newbies espousing the positives of GBG with the same views that i held 5 years , 4 years ,3 years , 2 years and up to 6 months ago , i recalled the old depression wisdom . when the elevator boy starts giving you share tips , time to get out.
 
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