Club Mulgoa

Friday, April 10, 2015

GGG

In line with most resource stocks, GGG has tumbled a lot.  Yet, what it has is one of the largest rare earth metal discoveries, with uranium.  Took a long time but the Greenland parliament is supporting mining.

Then along came the Chinese and still the market would pay it no attention.  So at 5.8c, I bought some to top up.  I have not checked it as resource sector continues to disappoint.  However, not GGG... that little parcel has gone up by nearly 50%.  It is good to be a contrarian for the right reason.

0 Comments:

Post a Comment

<< Home