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Wheels Group Inc GRFJF

Industrials Integrated Shipping & Logistics


GREY:GRFJF - Post by User

Wheels Group Inc
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Post by uncviper23on Mar 13, 2008 3:34pm
416 Views
Post# 14655198

Rightly or wrongly and I understand why ...

Rightly or wrongly and I understand why ...they did it and think it was smart to structure that way for start up costs.  They are being penalized for hedging.

This is a growth story from a re-start.  At 801.00 they still make money though with a lower grade of ore.  But we all knew that.  Newmont had a proven steady stream of production here. They still border a near surface bonanza of near surface gold. The RSI is cool and accumulation on a dollar basis is leaking out at the moment.

I'm watching and will be back in at some point I think but someone thinks this is not worthy of higher prices at this time.  I hate it.  :(

Be careful though they may try to lull you to sleep and yank it up higher.  I just got worn out.
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