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GULF RESOURCES INC Message Board

  • imdaman20072002 imdaman20072002 Oct 2, 2009 5:30 PM Flag

    Fellow Gulfers

    As you know I have met with and continue to dialogue with management.

    What I do know is that the current trading does not reflect the strengthening fundimentals of this company which does not rely on the US

    One can only assume that mgt is getting somewhat satisfied with the higher trading range prior to the RS. After the Rodman Conference I felt like 1.75-2 dollars was where the company needed to get to and we are there.

    Of course breaking 2 dollars in such short order without any new news other than what has more or less been public info PR's may prove difficult in the near term.

    November appears to be a truly watershed month for news as we will get IMO excellent 3rd quarter results and most probably a yr end upward revision.

    GFRE remains on track to give us an update probably in Nov on the growing bromine biz where they are continuing to look for another substantial acquisition but we should know much more about the chemical business and adding additional lines through either internal or even external means based on market conditions.

    I did pick up more shares this am at 1.80 to add to my six figure position.

    I remain extremely comfortable holding for future gains as management executes on its growth plans which will be extremely robust for 2010

    Good luck to all the long termers and newbies

    IMDAMAN

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