should i stock up, page-2

No more gold for GBG. They sold all interest in gold to develop the iron oree deposits in the Mid West.

Should you stock up? For you to decide and research, but for me and obviously the directors bying is exactly what is happening.

I am getting a feeling that the recent price movement of all of the mid west iron ore companies in the alliance is about to take a move upward again. The news of the coming months will be important.

My position is clear and I am building on my holdings but with the full and clear knowledge that as good as things seem to be this is still speculative at this stage.

My forecast is for .75 to .85 csp by jan 2007. If they capture the eye of the sleeping giants with all the cash then possibly even higher. I am holding long term as they could easliy go to around $3-5 by 2010-11 if 2nd stage takes of as they indicate. That could be the GJ retirement fund, although knowing George he wouldn't be planning on reirement he is successful because this is what he does. Some go fishing, he builds companies and gets a big kick out of it.