risk reward opportunity

From my post on 6th Jan-09 when GJT had already recovered from 5c to 6.8c:

"...As for GJT, all bad news is factored in now and there is a steep discount to NTA - arguably, even a revised NTA.

There are no guarantees that GJT will not go to zero, but the upside is much higher than 100% on any good news, or market stabilisation.

By that measure, GJT is a better risk than many spec mining shares at these prices"

Stock is already up 40% since that post and there are still VERY FEW sellers being flushed out.

There is clearly an opportunity here for those who understand the risk-reward equation. I topped up at 5c back in December

Even if asset valuations drop 20% across the entire GJT portfolio, we are still looking at an NTA above 45s (see my previous posts on this thread)

Coop