Thank you somuch to the optimist who relieved me of a small parcel of GML at 2.0 cents today.
That price artificially values the company at something compared to its real value of cash backing, which is next to nothing.
During the course of a relentless SP decline over recent years, i found a massive gap in meaning between the words used in company statements and their widely accepted meaning. For instance, when the company said late April it would issue an initial gold resource estimate within a few weeks, the actual meaning of that as itturned out was that no resource estimate would be issued. Black is white, up is down, on is off.
As for the most recent Spy vs Spy, nudge nudge, wink wink, can't say too much, word salad that passes for a company statement to the joke that passes for the market regulator (ASX), what can anyone say? If and when you can stop laughing at the infantilism. About as much meaning as a conversation betwwen two blokes at the urinal of a hotel, which for all we know is what GML was talking about.
Good luck to all holders. May your patience be richly rewarded. I didn't have enough to stay the course.
GML Price at posting:
2.0¢ Sentiment: Sell Disclosure: Not Held
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