GBG (and other miners )have been hit by the perfect storm. Lower IO prices,negative mining sector sentiment, construction price increases,overruns, bad aussie dollar for exporters, China stockpiling and slower growth, on and on.
Just hope they can stay alive till things turn around. Checked my buys and first purchase was in 2007. Mostly bought in 80c to $1.20 range and a few recently at 30c and 20c. But still majorly in the poo.
Not worth me selling now for a pittance. May as well either do my money cold or hope they pull thru and make something of this company.
Enjoy all your posts
what do you do?, page-2
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