GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Half Yearly Report, page-22

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  1. 3,743 Posts.
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    Happy to be buying at these levels, very little low side risk, keep selling if have them. Options won't be in managements sights, most juniors options expire worthless GMCO no exception.
    Auditors statement is a garden variety clause that you will find in most juniors half / full yearlies, its to cover their arses.
    Question - do you think the major investors would stump up tens of millions of dollars in GMC just to watch it go under months later?
    Wouldn't be surprised if they are the ones helping to stack the sell side.
 
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