wheres gnm heading, page-2

Hi

Tibbs seems to be on holiday, but should be back soon.
With GNM I see no problem, they've got a captive market for coal, selling it direct to Gujarat, their mother company, for steel production in India and the share has held up remarkably well in current markets.

I was wondering if the sales we are seeing are to do with the building of Jagatramka's holiday home, because the directors hold a fair amount of the company's shares. The shares are held in various family members' names, and sales do not necessarily need to be notified to the ASX - I think; also they are a bit slack in their anns and other PR releases, always running late.

I've actually bought back in on those lower prices. GNM has been a good share for me, so far.

Cheers

Taurisk