GMD 3.70% $2.52 genesis minerals limited

Australias newest gold miner, page-11

  1. 835 Posts.
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    It's a real buy the rumour sell the fact type play if the last 3 announcent-associated spikes are anything to go by. The ride's been a bag of very mixed emotions with more to come i suspect!

    It would be good if the company intended to expedite the exploration of nearby reserves in order to establish a contiguous operation but I guess the reality is that a 2nd mine will be some time off.

    Anyways, well done to management: a little get-rich-quick mine is better than waiting for the motherload (or POG to collapse) when a profit's ripe for the taking. GLTAH
 
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