Dont you just love it!!
Once again a massive fall in the markets & GUJ goes up!! ... LOL
This stock has proved to be crash proof!!
Now the options are a bargain ... With INR trading at .93 cents ... GUJO's are valued at .50 cents right now ... also GUJ are valued at 63 cents.
So easy money to be made.
I loved the buyers happy to take out any GUJ at 60 cents & below ... now the closer we get to Nov 16 the more valuable GUJ/O become.
I reckon the reason for the discount has been lack of understanding & confidence in INR ... everyone thinks it is being propped & will fall back! I think it has been "helped" to get to where it is & has been "helped" to stay there, BUT that is probably where it will stay until the merger is complete & all the parties are set. Then it will move out past the dollar & beyond.
*3 Coal mines
*over half BILLION tonnes coal (high quality)
*tight register
Have a look at RIV ... not saying it will reach those giddy heights soon, but $1.50 - $2.00 is a "given" IMO
cheers
.
GUJ
gujarat nre resources nl
Dont you just love it!!Once again a massive fall in the markets...
Add to My Watchlist
What is My Watchlist?