Griffin Mining Share Discussion Threads

[rose_by_another_name] 02/7/2018 08:20

They probably mean another attempt to
expand by acquisition, which came to
nothing the last time they tried.

[mad foetus] 02/7/2018 08:20

FWIW I am a director of a much bigger public company than GFM and the chairman of the board responds personally to all investor correspondence.

[mad foetus] 02/7/2018 08:16

I think it is the idea of ploughing money back into the business that worries people. If it is to be used to ramp up zone 2, fair enough. But if a business if highly profitable and debt free the owners have a right to know what the plans are.

[phillis] 02/7/2018 07:30

Pull the other one

[phillis] 01/7/2018 18:58

You spoke to him on a Sunday?

[alangrifbang] 01/7/2018 18:47

Good evening everybody I have at last spoken with Roger goodwin,over the years I have had many good conservations with him,this was not one of them,he said himself and the rest of the directors control the running of griffin mining not the stock market.they continue to mine zinc gold silver and lead successfully and any money that is made will be ploughed back into the company for the future,I told him there were people ( no names) will try and force an EGM,and he said you will learn nothing more,you will have to make of this what you will,I am sticking with them but it is a close run thing.

[ewads] 01/7/2018 13:49

alangrifbang - as expected no one knows the answer to your question.

[up just a little bit] 29/6/2018 23:40

Bloody hope so!!!!!!

[lodgeview] 29/6/2018 20:48

OK Monday then...

[up just a little bit] 29/6/2018 19:08

Lodgeview, Not sold been here 12 years for your information. Making assumptions about people often leaves one with egg on their face.

[scottishfield] 29/6/2018 18:48

Or on Monday perhaps....

[lodgeview] 29/6/2018 18:47

Watch this gap up tomorrow. Bring it on!

[galoot] 29/6/2018 18:08

As I suspected another after hours buy.

[lodgeview] 29/6/2018 16:11

They're just bitter ewads. They're regretting selling!

[ewads] 29/6/2018 15:10

I think some posters should give the BOD an apology?

[phillis] 29/6/2018 11:23

context
over 18 months:

[ukgeorge] 29/6/2018 11:02

From share price Angel daily note

Zinc US$ 2,901/t vs US$2,859/t yesterday
• Despite paring losses to trade higher for a third day on Friday, zinc prices remain on track to shed 11.3% in London and 5.2% in Shanghai in the second quarter, marking the worst quarter since the third quarter of 2015. LME Zinc is also set to drop 6.3% in June, recording the steepest monthly plunge since November 2015.
• The market has moved into significant oversupply, but there is a “need for smelters to constrain their production because demand is weak especially the demand from galvanising” steel, according to a Hong Kong analyst.
• Official comments suggest Chinese zinc smelters, which account for almost half of global supply, have come up with a non-binding proposal to reduce production by 10% to counter slumping prices and dwindling margins. Vice Chairman of the China Nonferrous Metals Industry Association notes “so far, it’s only a proposal, and what companies will do next depends on them”. Despite the notice, Zhuzhou Smelter Group, China’s biggest smelter, doesn’t plan to reduce the supply, adding it’s operating at full capacity of 550,000 tonnes per year.
• Zinc, consumed in the manufacture of galvanize steel for the automotive sector, has entered a bear market after falling 20% from February highs on rising supply. China is estimated to produce more than 6 million tonnes of metal during 2017, approx. 44% of global output, according to statistics bureau and Morgan Stanley data.

[phillis] 29/6/2018 10:47

oh and why do we need another thread?