I am in no means an expert in the field of mining but somehow some years ago my eye fell on GGG. I liked it. And I still do. Offcourse it's no fun at all when the SP drops, believe me, my mood can be affected during the day on the basis from wat I saw that happened on the ASX. (I am from Belgium so when I check the SP, the market is allready closed).
I think there can be situations when a company makes rapid decissions that can't be disclosed half a year in advance. For what I know, I think the new direction the company has made is great. It reduces its footprint in Greenland, something the locals will likely be aware of.
I will hold my shares, no doubt about that. Maybe the SP will drop some more, but I believe it will rise again above levels we never expected. When there is no risk, there is also very little chance of gains.
GGG Price at posting:
28.0¢ Sentiment: Hold Disclosure: Held
