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GUJ, GUJARAT NRE RESOURCES NL
tibbs
post Posted: Nov 29 2007, 10:46 PM
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In reply to: disco stu on Thursday 29/11/07 06:59pm

Thanks guys

Nice that we were able to profit from it

All the best for 2008 lmaosmiley.gif

cheers

 
disco stu
post Posted: Nov 29 2007, 06:59 PM
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In reply to: tibbs on Thursday 29/11/07 04:26pm

Yup, I can admit when I'm wrong. Looks like I got it wrong on this one, and more and more like my worries of "manipulation" was baseless paranoia. Still I can't complain, have done very well out of GUJO, even if it turns out I mainly sold a little early.

As with mme, I think it was your frequent posts on GUJ that caused GUJ to sit at the top of the sharescene queue and finally piqued my curiosity enough to check it out. Well done Mr Tibbs! graduated.gif

 
mme
post Posted: Nov 29 2007, 04:33 PM
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Certainly the most volume I've seen for awhile in INR today. Well done and thanks again for initially bringing GUJ to my attention!! biggrin.gif

 
tibbs
post Posted: Nov 29 2007, 04:29 PM
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In reply to: mme on Thursday 29/11/07 04:17pm

MME

WHE is a raving buy ... last few bars indicate a bottom in place ... way oversold, and yes, I am a buyer!

Have also added more BMN & EXT

cheers

 
tibbs
post Posted: Nov 29 2007, 04:26 PM
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By the way, INR sitting on $1.45, values GUJ @ $1.09; and GUJO @ $0.89

So now the fun begins ... where will INR go from here?

While many feel that the INR price has been "manufactured" to sweeten the merger ... each day it looks more & more like a simple re-rating of the two companies as a mergered entity!!

I have always put a fair value of $1.50 for the merged GUJ/INR ... however as each month goes by, we come closer to having TWO coal mines in production, plus other projects happening, including OIL after yesterday's announcement.

ALSO: Dont discount some further corporate activity ... Mother Gujarat has visions of GUJ becoming a major coal/iron ore/multi-mineral player!

I would be very surprised if we dont see the sub-$2 disappear very soon in 2008

cheers

 
mme
post Posted: Nov 29 2007, 04:17 PM
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Yep you've done well Tibbs. Been buying WHE at these levels Tibbs?? biggrin.gif

 


tibbs
post Posted: Nov 29 2007, 04:15 PM
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All I can say is:

lmaosmiley.gif lmaosmiley.gif

Funny, I sleep very vell at night with my GUJ/O under my pillow!!

Dow falls = GUJ/O goes UP
Dow drops = GUJ/O goes UP

I just love it!!!

Finally can say that my GUJO's have turned out a 10x bagger ... Allbeit 18 months later!!!

cheers

 
disco stu
post Posted: Nov 29 2007, 04:00 PM
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In reply to: mme on Thursday 29/11/07 01:09pm

Same boat as you mme - no regrets though, been able to sleep a fair bit more soundly at night especially with the DOWs big swings.

Good thing about my residual is that it if the price keeps going up it's not going to be much of a residual any more! biggrin.gif

 
mme
post Posted: Nov 29 2007, 01:09 PM
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Made a boo boo with this one selling out too early. Mind you they keep changing the dates and had I known that there were to be extensions I might of held a bit longer! grrr.gif biggrin.gif

 
mme
post Posted: Nov 29 2007, 09:20 AM
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In reply to: noosaman on Thursday 29/11/07 09:15am

Don't believe you can. But check with the Company. biggrin.gif

 
 


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