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GLOBAL MINERALS LTD NEW GMFLF



GREY:GMFLF - Post by User

Bullboard Posts
Comment by coach247on Jun 01, 2007 4:31pm
253 Views
Post# 12879928

RE: New Project

RE: New ProjectI spoke with IR yesterday, and the company is going on a road show in Europe next week, meeting with various institutional houses to promote the story. Also, they have some high level meetings lined up to get the process started for permitting towards development of the mine. I take the big picture into account when considering how CTG has traded. The stock has had a nice run, after spending most of the last year in the toilet. The entire sector was selling off, and some of the disgruntled former shareholders probably decided to take the opportunity to bail out, tanking the stock in the process. Now with the new acquisitions, and several projects on the front burner, we can look forward to some new European money coming in. I have to believe a lot of the upside resistance is now gone. And we can start thinking about drilling news from Nevada once that programs gets underway in the early summer. I have been neither a buyer nor a seller this year and am content to just ride a small core position. I got on board in the fall at 17 cents and have seen nothing but good results from management since then. Call me a cheerleader, but the company is doing exactly what they told me they wanted to accomplish, and I think that is also the reason they are getting opportunities for JV deals coming their way. So I am not going to panic over some retracement here, but maybe I just have a high pain threshold and I was not around during the more frustrating years for this company. cheers! COACH247 Voluntary disclosure: CTG is a paid sponsor of my website.
Bullboard Posts