(GRY) + (CJO) anyone holding these.

Discussion in 'Stocks & Derivatives' started by Miss Silver, Nov 18, 2011.

  1. Miss Silver

    Miss Silver New Member

    Joined:
    Apr 29, 2011
    Messages:
    150
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    I bought some Gryphon (GRY) today at 1.530 I was wondering if anyone has a opinion on them?

    I also hold Cerro (CJO) and they have been my best performing stock though modest gains but seems to remain solid.

    Thankyou
     
  2. SilverSanchez

    SilverSanchez Active Member

    Joined:
    Jan 17, 2011
    Messages:
    2,653
    Likes Received:
    13
    Trophy Points:
    38
    Location:
    Melbourne
    I just had a look at the GRY chart - dont be surprised if it gets as low as $1.25 - short term might see some negative action but dont panic. I havent looked at the fundamentals but experience has shown me to weather the storm when your in a company with a good resource reserve base

    I am a CJO holder and I am not selling - if it hits 0.10c ill be buying
     
  3. Miss Silver

    Miss Silver New Member

    Joined:
    Apr 29, 2011
    Messages:
    150
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    I'M still in no selling here :)
    Just put a buy order in on BHP and bought (coh) telstra and beach.
     
  4. SilverSanchez

    SilverSanchez Active Member

    Joined:
    Jan 17, 2011
    Messages:
    2,653
    Likes Received:
    13
    Trophy Points:
    38
    Location:
    Melbourne
    Well, good luck Miss Silver - fortune favors the brave (but sometimes investors and gamblers mistake rashness with bravery) - and as the Bible says in Proverbs 21:5 "The plans of the diligent lead surely to plenty, But those of everyone who is hasty, surely to poverty."

    So due diligence is a must according to Solomon :)
     

Share This Page