GUF 0.00% 1.3¢ guildford coal limited

Technical chart suggest strong buy, page-14

  1. 4,133 Posts.
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    I do not really like to discuss with non-holders. But anyway, I am all in if there is new lows. And quite interestingly there is no selling pressure at all. Just so small amount of sell order. I do not worry too much. As said, GUF is now a high quality Coking coal producer and have several sale contracts signed already, which will give GUF continuous cash flow. Basically at this price there is no risk I could ever think of. Remember when we have not produce anything we got an Singapore offer at 6.5c per share; And we rejected. Now we sell our coking coal at 30% above the market price. We are high quality coking coal producer.
    Just a no brain buy IMHO.
    I have enough around 500K shares already, will watch closely till sp plays out. Cheers
 
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