OTCQB:GGISF - Post by User
Comment by
Lock12345on Sep 29, 2021 9:50pm
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Post# 33941815
RE:took my tax loss
RE:took my tax lossprouditalian wrote: sold at .10. Chevrier property is a dud so time to move on. We all knew the risks.
Prudent move at this point. It isn't just the property, it is more the management in my opinion. David Terry is living off his Great Bear shares and is milking this until he drifts off into the abyss while Jeff Sundar (working in the background and previous CEO) still thinks he has influence in an industry where he isn't respected unfortunately for him. John Robins and Jim Paterson from the Discovery Group backed this a few years back, put up some money and brought in so-called heavy hitters but they all struck-out. They thought it may turn up something like their luck at Great Bear but they got lucky, plain and simple, at Great Bear and the junior mining industry sees more failure than success. Collectively they are treating this like a lifestyle company for themselves.
Put your money to work elsewhere as there will be fire sales in junior mining in CY2021 Q4 and you will see doubles and triples putting your money on the right horse come early 2022. And for everyone else reading this, GIS is not a good horse.
This sector is a lather-rinse-repeat...take advantage of this fact and trade mining stocks...don't marry them.
GLTA
Lock12345