Goombarh's take on GBG:
GBG's Share Price Now Poised to Move
The slowdown in GBG's Burnstone mine production due to the missing ore block caused GBG's stock price to severely crash. The stock price chart has shown a bottom in December 2011 and is now inching back upwards.
The Burnstone mine is quite viable, but merely delayed. A $150 million loan is in reserve for the company until production cash flows. GBG's Hollister mine is in production and the bonanza grade Blanket Zone will certainly help, as Burnstone will also kick in during 2012.
With the supposition that a company's value grows as the mining production brings in cash flow, GBG's stock price should positively appreciate. Alert investors may be able to profit from this transition of GBG from a development miner into a production miner as the market re-rates this stock.
Just da way I see dat Too!