Any move north welcomed by me.... in at 17 & 20p long time ago! Recently ive become proactive in my shares....as opposed to opening quartly statement tutting and putting away somewhere dark! The resource appears to be a good producer for the future with local goverment fully on board. Now should i average down?What i dont get is these price levels as opposed to when i bought in.....different company and come a long way since. Even when gold price was rocking no movement....why? what did i miss in the dark times?
Yes the move has and will be seen in a positive light. Nice to see it moving back to the 3 - 3.5p range. Let's see what December holds in store. Remember that although they bought a controlling stake in HMB at 2p they did effectively finance this with a converted 3p loan. This is a buy anything at or below 3p IMO. Was surprising to see it drop to 2.20p recently, although a (very) delayed CPR is perhaps a justifiable cause.
21 Nov '14
interesting move to the main list...may put on the radar of more investors rather than aim that is more risky. Ive held these for a long time....pre accident in the mine times....nice to see news has changed considerably since not least the name change.
20 Nov '14
interesting turn of events... premature? cheaper finance? pre-requisite to list elsewhere? were they so dumb-founded by the anti-climatic effect the CPR had on the SP, they had a fuk-this-**** moment? hehe
17 Nov '14
USD 70M estimated earnings next year. IRR 64% 2015 the year for GBGR - i see this re-rating, but I think it will happen in the space of a few days. A sustained movement in POG back to fair value ($1500) which should happen end of next year will make big smiles all round. Happy to hold for now.
5 Nov '14
for CPR whilst SP and gold in general plunges. Holding tight.
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