GBG 0.00% 2.9¢ gindalbie metals ltd

so why is gbg going south, page-3

  1. 2,942 Posts.
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    Ok got it ...done a bit of looking over net, and hope I got it right.
    Gbg is now a producing and exporting miner. Its export quota I assume is locked in and its contracts have been put in place for the next 12 months.

    This distraction could be driving the price down of GBG on the prelude of a takeover happening maybe???? Keep an eye on it and everyone make your own decisions. I've got a buy order in at these prices. The only downside is the chinese economy tanking , but since GBG is partnered with Ansteel they would be inclined to get Iron ore from us(gbg). This price weakness might be a Chinese move. The Chinese only think of themselves.

    IMHO

    Stay calm and carry on
 
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