It appears that there are a few who relish the idea of preaching doom and gloom without backing it up with facts. How many really understand how business is done in Indonesia. There are a lot of cowboys in Indonesia who try to make a quick buck and do things illegally. The new Governor wants to clean the province and why should this not be good news. The announcement is clear that GMC has signed up with genuine producers and it is business as usual. Look at the major shareholders of the company and the latest purchaser of almost 20% equity, these are people who have invested in Indonesia have the connections and will only invest in a venture unless they are absolutely sure of gain. Hence ignore such comments and let these donkeys bray as much as they can.
GMC Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held