GBG 0.00% 2.9¢ gindalbie metals ltd

no 1 low risk high reward stock, page-23

  1. 136 Posts.
    What we are seeing here with GBG is a general acceptance amongst the broader investment community that there is significantly more chance of upside potential than downside risk. I will go out on a limb and say GBG will be trading at or above $1.35 by the first week in December and will touch $1.50 before the end of this calendar year.

    As I pointed out at the start of this thread a couple of weeks ago on an apples to apples basis GBG will be producing the same amount of IO as MGX from 2011 and by 2013 it will far exceed MGX. MGX Mkt Cap 2.3 bill GBG Mkt Cap 950 mill.

    Short of world capitulation BGB is on a trajectory as we ramp up to production and this will continue. I really struggle to see a company that compares to GBG as a medium term low risk high reward stock.
 
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