GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Gulf Secures A$10.8M Cornerstone Investment, page-65

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  1. 4,695 Posts.
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    DSO was supposed to be a year or more ago, think about all those extra shares that have been issued because NO DSO. Meanwhile the big Mn ore companies are supplying millions of tonnes. Not sure whether GMC could make a dollar from DSO anyway, you need massive volumes of bulk commodities to make money, running around with bags picking up lumps is not exactly the way to make money.


    "Mining practices are relatively low-tech: the ore is dug out from the ground using hand tools, or simply picked up from the surface, scraped, washed clean and packed into bags to sell to visiting traders"



    Would you like this job sorting manganese in Indonesia?
 
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