SGW sons of gwalia limited

re: re:madmacs - large white candle Ooops , sorry Sabre ... it...

  1. 7,611 Posts.
    re: re:madmacs - large white candle Ooops , sorry Sabre ... it wasnt you , it was SCD who bought at $3.24 in Sept 03 , after we warned him not to! Anyway , seems you have traded this one for ages and done well ... well done. Its often hard to make good trading gains when a stock is in a longterm down-trend , however looks like thats changed now.
    As for GIP .... they have been in mining since 1969 , so there is some experience there , I dont think Telford is a mug , BUT the track record is awful , you are right about that. It one of the many reasons GIP trades at a huge discount to its potential.
    Cannot agree on business in Egypt being difficult ... theres already heaps of multi-nationals (including mining Cos) doing business there daily.
    You never hear of any real trouble there , compared to their neighbours !
    Anyway , we'll have a good steer on the future propects in about a month.
    Cheers
    SALTY
 
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