GBG 0.00% 2.6¢ gindalbie metals ltd

A good bottle of scotch sounds like a grand idea - but I would...

  1. 251 Posts.
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    A good bottle of scotch sounds like a grand idea - but I would take this opportunity to really average down your holdings (assuming of course you have ready cash and are able to do so). This is purely my opinion of course. Each investor needs to weigh up all their options and make the necessary financial judgement.
    I first bought into GBG back in 2013 - and purchased a few extra parcels on the way thru. My average is now 7.5c

    So who knows, where this company can end up, but my reckoning is that if it was on the skids, the Chinese would've foreclosed long time ago. I think we'll see it sit around these levels for a while yet until something really happens with the Mt Gunson project...or of course the iron ore price goes thru the roof.

    Happy investing!!
 
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Currently unlisted public company.

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