GMC 0.00% 0.6¢ gulf manganese corporation limited

img99a, you might not be up 50% when GMC announces another...

  1. 4,695 Posts.
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    img99a, you might not be up 50% when GMC announces another capital raise.
    GMC may well be back to .005c. If you sell now, you'll be able to buy cheaper in a few months,or put your profits to better use.
    GMC with a market cap of $33 million is already overpriced for a company with 2 x second hand furnaces that would have been better left in the scrapyard in South Africa. Who knows when they'll arrive and how much more work is needed to rejuvenate them.
    I don't know how anybody can get excited about GMC. During the last 6 months $1000 invested in a good smelter facility in Sarawak would now be worth $15,000. I won't post the ASX code as I don't wish to cross promote, just want to show what good investing is.
 
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Currently unlisted public company.

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