paps I concur in relation to long-term holders of GBG. It would be very frustrating. I first invested in GBG back in 2006, but left almost immediately until the most recent price collapse which I believe was its low point. In terms of the margin issue, I have heard from many commentators on a range of financial programs about GBG's higher production costs but they always fail to mention that its magnetite price premium largely negates that issue. It is a key point for GBG management to hammer over time. Looking at global macroeconomic settings, I am confident that 2013 will be a better year for GBG investors. I realise I am a johhny-come-lately to this stock but have a good feel about its future.
GBG Price at posting:
29.0¢ Sentiment: LT Buy Disclosure: Held