Gingdalan
I will attempt to explain the value in GBG, but please don't take my head off.
I bought this down to 2 cents because this price is less than cash holdings
I think this project has very long life, and current IO price is temporary. It will improve as long as Asian people attain more wealth, and I think this idea is bankable.
I think Ansteel will carefully move to full ownership , eventually, and they will repay GBG shareholders a very small proportion of their very large investment---this may be as little as 5 cents a share
GBG Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held