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Yes my b/e is 42, but I expect better, that is why my entrance is /was 42. Am waiting for better info & speculating, ........One yr is not enough, I've just been in here 4/5 months.. Cheers & waiting.. !
… I’m annoyed at the SP lethargy. However GFM always has had the capacity to infuriate, but thankfully, also to please. The latter will come. NB I am extremely close to breakeven, and I may be tempted to move, elsewhere. It will depend on the current economic background for hard commodities, if it moves into profit. ATB
sp could be better, asGFMt can now,,, ? produce more ORE, ...China 's other mining Co's may take notice of GFM (even if the govt. hasn;t already done so). The sp could get back to it's 1.02 price & may still pay a divi, although I don't expect a divi this may, but next ! perhaps. It's not the divi amt. just the 'principal'.
I am thinking the Zinc price for 2011.... but, even Xtrata say, today, Zinc & Lead, sales are better...So just looking for the future, on ANGM.
Sorry about 'Spanish Keyboard' spelling. Good luck
Still think this Co. will do well, later this yr. Zinc & Lead prices incr,=. with Inflation & Demand. They know abount Dividends to shareholders ( as they have done in the past) So yes not much info out from them, but....The volumes of production shld incr. and therefore more EXPOSURE to others,, Potential Co (Buyers) & Shareholders
just an update.- Griffin Mining Limited ("Griffin" or the "Company") has been notified of the exercise of share purchase options over 133,333 new ordinary shares in Griffin at an exercise price of 20 pence per share. These options were granted in October 2008 as part of the grant of options to key employees. Application has today been made for the new ordinary shares issued on the exercise of the aforementioned options to be admitted to trading on AIM, which is expected to occur on 3rd February 2010. Following the issue of these new ordinary shares there will be 181,821,830
On the button re the management They seem to be so out of touch with investors.Even when you go to the web site nothing is updated or even interesting about the company for future investors Bloody hell the photo of the "man in the hard hat" is about 5 years old I think a few or many e mails to GFM might wake them up
Juggler all they have is a license to mine below 1300m , yes they are sitting on cash and the mine is back in operation but the markets are now unsteady and more investment will have to be spent to mine deeper.What the share really needs is solid data ,showing profits and sales from the mine, many investors are cynical about griffin managment and require solid data , not wishful thinking
this is getting to a crazy price now !! cant believe how low its gone with such good news and absolutely no debt ! can anyone shed any light ??
I doubt a buy out is an option.After waiting all this time to get re started But then again i never have trusted the man in the hard hat
Estimated turnover from just their Caijiaying Zone III mine is $120m/year at yesterdays prices(gold/silver/zinc/lead), not taking into account higher grade ore mined at the new depths but dyor
Could now be a BUY-Out or a Take-over from another Chinese Mining Co., now that Ore can be extracted below the 1300 m , level. !
dost- got out yesterday(evens) going back in today- these are good value
….from its slumber. It has been a long-term suspended animation. So don’t expect an Usain Bolt performance, but rather some satisfying, “slo-mo” recovery. http://www.youtube.com/watch?v=pZqkaJDaz2A
patience what we all want is on its way then we will all be happy.the future looks good but rome was not built in a day the only thing wrong is the share price it needs to get back to where it was which without a doubt will be in the near future so buy now while they are still cheap but not for long good luck see you at the party
I think the share is probably affected by general market doldrums about non recovery and China credit squeeze.I think that serious big money investors are waiting for a GFM financial statement ,rather than vague quesses and promises.they want real return on investmkent underpinned by results.
really need this to hit back to the 80 pence mark where i bought in last...this is such great news - but why is it that this share hardly moves .......how long before we get back to where it belongs ....tomorrow it should tick up a wee bit higher ...anyone agree???????????
Dave Edmunds - I Hear You Knocking http://www.youtube.com/watch?v=eqIQE4du6co
its not just me as other websites have the same complaint but don't you think even when news is positive yon boss man with the hard hat is as enthusiastic as graham norton in a knockin shop. Even their web site is dull. I know that's not the point but gees they don't exactly sell themselves to potential investors
some nice buys last thing hope for a nice tick up on this one as confidence returns
Mining stocks down 47 - 47.50
A few sells and it goes down - City I am out of here
treeshake