GIR 0.00% $5.43 giralia resources nl

This European Roadshow running from 27/5-5/6/2008 is not about...

  1. 3,292 Posts.
    This European Roadshow running from 27/5-5/6/2008 is not about bringing money to the company, given they have close to $86m available to carryout their drilling programs, it is about marketing the company. Most companies don't do European Roadshows unless they have some thing to market or showcase. I believe the company now feels it has reached such a position, if you take the time to read their ASX announcement yesterday. This stock is not a day traders paradise & probably is off the radar of most investors, but we only need to look at what is happening in the iron ore sector to see there is plenty of money wanting to invest in quality companies. If European Instos decide they like this presentation I believe their buying is going to drive GIR share price up because the stock is currently well held.
    Later, today I hope to post on another stock worth researching, to see this post check in my favourites list for details on this stock.
    Regards
    Buffett
    PS No investment advice given on any stock mentioned please do your own research.
 
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