GBG 0.00% 2.9¢ gindalbie metals ltd

Karara 68 % plus grade, page-62

  1. 189 Posts.
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    These type of shares always a risk (undoubtedly ) but once we get to mar/april next year we will know if the loan liability hanging over GBG will be reduced substantially !!!!

    That aside this company still has $ 37,000,000 in the bank option to take up copper/cobalt scenario ( strong price upside predicted with both of these ) and then as an add on substantial share holding in a multi billion dollar high grade iron ore operation .

    As I have said we need to wait till march/april and the story will unfold either way !!!!

    Like all shares its whether to we take the risk to position ones self early ??? higher risk / higher profit

    LIFES GOOD ENJOY THE RIDE -)-)-)
 
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