Thursday, October 17, 2013

Gryphon Resources (GRY.ASX) - the 2nd rally in this stock imminent

One of our favourite stocks has some into play again. Perhaps you have been following our stock guidance at our Facebook page. Feel free to ask questions on this page. I would however recommend buying our Global Mining Investing eBook, so that I'm not constantly asking the same questions. Buying the book means I only need to answer the rare question not answered in the book. These issues are answered in subsequent updates of the book. Our goal of course is to correct the failings of the public & private education system, which have effectively made students passive dependents, having 'dumbed down' their intellectual efficacy. By reading, absorbing and ultimately following our journey, our intent is to leverage people's intellectual development in a way where they can see personal benefits, whilst benefiting from personal support. I'm 'holding your hand' while we take this journey.
I hope you take this opportunity because its best to get in on 'ground floor'. This is actually our 4th journey. Some time ago I was telling people to buy:
1. Gippsland Ltd  at 6c, we sold at 1.4c
2. Union Resources - we anticipated a takeover at 14c, it finally came after 3 months, taking the stock to a disappointing 33c, for lack of alternative bidders.
3. Gryphon Resources - We like gold at this time. We traded GRY from 13c to 25c earlier this year. We waited for a support at 13c (last week), at which price we simply bought more. So we now believe we have seen a botttom in GRY. A better chart at 4Traders shows the trend (from a double bottom) even better.

The other reason to buy gold stocks, and we particularly like GRY, is that gold is close to its long-term support, as we explain on our Market Commentary blog.

Today, the stock was up 12% on opening, and we expect this to be another sustained rally. We hope you can follow the journey with us, and learn along the way. Only purchases of the $75 book will be offered further stock guidance. Rest assured its a great stock, but of course that is a risk you take. No investment is without risk. But its more risky to you than me since I understand mining. You can trust me; but 'faith' is not knowledge. The book is to 'manage risk', and avoiding responsibility to think is not a 'value proposition'. Governments and welfare states have a habit of disappearing. Those lessons are as old as Ancient Rome. So check out the following chart, and look back at our track record! All the best! 



Asian property markets outperforming Japan Foreclosed Guide Philippines Property Guide
Profit from mining with Global Mining Investing eBook   Global Mining Investing Community.

No comments:

Post a Comment