I think we all forget where we have come from - in the past 12 months 900,000,000 worth of loans have been rolled over which GBG has taken no liability for !!!!!!! That is an incredible amount of money !!!!
Our average share price over that period has been around .023 cents with our share of that debt hanging over our heads , now its gone and you would think more to go in april share price should be turning and turning quickly !!!!
Chinese very unlikely to drop this baby now that the demand for higher grade iron ore is going through the roof
Whats happening with price is understandable and possibly should continue
1/2 a billion dollars worth of debt will fall off GBG s books for the last 18 months come april
PRICE SHOULD BE WELL AND TRULY UP !!!!!!!
GBG Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held