re: gip threat Hi,GIP looks ok, I saw the announcement.Problems...

re: gip threat Hi,

GIP looks ok, I saw the announcement.

Problems =

(a) Just an exploration license, so it will need capital, which means rights issue, dilution of shares etc etc, so hard to tell whether if you buy now it will be good, since they could dilute it heavily

(b) egypt is difficult to mine and also the local authority could be a problem, Australia is easier and more stable.

Anyway, GIP looks like its worth a punt, but its speculative currently...

Thanks for highlighting it....