GMC 0.00% 0.6¢ gulf manganese corporation limited

Disappointing end of 2017. Board of directors keep accumulating...

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  1. 1,027 Posts.
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    Disappointing end of 2017. Board of directors keep accumulating cheap shares while shareholders buy the stock at a premium then only to see the same board members make bad decisions or use words like "imminent" in regards to DSO announcement and it never ended up materialized.

    My opinion on DSO is either there's a delay with paperwork or delays in indonesia or the other reason why nothing has been mention yet is because the application was declined.

    If they come out with a negative Announcement regarding DSO, expect a sharp dive in Shareprice value, maybe back to 0.008-0.009

    The more they delay things the Shareprice will keep declining and thats what i expect will end up happening.

    Investors will start seeing thats things are getting fishy and bail out as soon as the can. It has already started by the way.
 
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Currently unlisted public company.

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