GBG gindalbie metals ltd
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this could end badly

  1. HarajukuIsland
    3,140 Posts.
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    10/06/13
    06:08
    Post #: 11867001
    GBG is $141 mill market cap @ 9.5c share price

    Total debt is approaching $500 mill

    GBG profitability this year is still in question.

    Iron ore expected to be in oversupply in the second half of 2013 and IO price expected to fall under $100 again.

    This reminds me of KZL.

    P.S. If you disagree don't attack me but tell me why I should be more optimistic about GBG's prospects.
    GBG Price at posting: 9.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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