re: Ann: McPhee Ck resource drilling -Strong ...
Giralia is very seldom mentioned in the context of Pilbera Iron Ore, has very little broker coverage (Bell Potter covers them) and isn't on the radar of the day trading fraternity, as can be evidenced by the very low level of participation in this thread on HC.
On top of that, the fundies and other investors who would be quietly following the story may be waiting to see more evidence in terms of JORC resources, transport decisions and port allocations before investing.
But, I guess if you want to drive looking squarely in the rear view mirror, wait for all these boxes to get ticked before wading in. If you want to drive looking out the windscreen, join the dots with the announcements, back the company's management and take your chances.
I know which camp I'm in.
GIR Price at posting:
$1.29 Sentiment: Buy Disclosure: Held