GIR 0.00% $5.43 giralia resources nl

no probs guys,what you might see now is that people will sell...

  1. 473 Posts.
    no probs guys,

    what you might see now is that people will sell off, thinking that the grades are low, when in fact, they literally are just the tip of an ice berg...

    i was watching the price movement on GIR over the last couple of weeks, and thought that something must be hitting the market soon....

    The company said that nothing was coming out, and funnily enough, they did actually think that there would be no news to report...

    it wasn't until two days ago, when one of the directors called Heathgate to urge them to continue with their drilling program. The reply he got was literally "we just sent you a fax"

    so all the "insider buying" over the last week and a half, has most likely been done by insiders from Heathgate...

    The thing with a private company such as that is:
    1. they are not responsible to any shareholders, so they want to downplay results, as any massive share price movement does not favor them in anyway (Heathgate only wins by mining the uranium out of the ground and selling it for a profit).

    2. Heathgate are understandably irrate with the way AGS have made their announcements, so will be careful in how they play GIR...

    What all this equates to is, that the market will UNDERESTIMATE the worth of the GIR land, and therefore, buying opportunities will be presented....

    very exciting times....
 
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Currently unlisted public company.

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