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Strategies & Market Trends : Beat The Street With SI Traders -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (103615)	9/19/2012 12:05:07 AM
From: Threshold	4 Recommendations Read Replies (1) \| Respond to of 233783

what a sad story GBG turned out to be. beware of very narrow, very high grade underground vein plays. both of GBG's producing props are underground with veins around a foot or so of pretty hi grade stuff. while this was ruined by very bad South African management (in my opinion only) and some very bad financings along the road, the fact remains that no matter how much loot they tossed at their ops, they could never come close to delivering on their publicized goals. if i had a chunk of PVG, i'd be reviewing it closely as it has also published some very high grade, very thin veins that might have to be mined via underground. haven't looked over PVG very closely, so they may have some open pittable stuff, but regardless, don't get romanced by the incredible grades until you figure out the big picture.