ETM 2.56% 3.8¢ energy transition minerals ltd

1st of january, page-2

  1. 6,010 Posts.
    Good Post lengming.

    Quite a refreshing whiff of air to see someone post sensibly and well sourced, albeit the source is not dated, I expect it to be Feb 2008. Correct me if I am wrong.

    There is no doubt that GGG is a high risk stock.

    However, a few things come to mind, and if they work GGG's way, we may be on a winner here:

    1. The intangible synergy between the Greenland's and GGG's financial situation for the next 5 years. They seem to be on a parallel course.
    2. The fact that the Danish superannuation fund has a smallish, yet significant holding in GGG.
    3. The need for Greenland to establish some form of a permanent income stream, manufacturing is out, fishing is out, tourism too limited, so what is left? Minerals and Oil.
    4. The low key approach by GGG to win the hearts of Greenlanders who could be affected by intensive REE and Uranium mining. If U mining would be allowed, even as a by-product, the whole process becomes feasible. If U-mining per se is allowed, there will be no risk at all any more in the stock.

    So all we can do is wait and hope that the brains trust GGG has put together to lead this company will be successful in achieving its goals. Step by step.

    I hold both GGG and GGGO and my trading pattern is similar to yours.



 
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