good future but a sell off for a week now, page-8

I was holding off adding comments to this GBG forum during the past week in case people just thought I was down ramping, from my last few posts.

I sold out of GBG when it peaked just after the ann. of the positive BFS, as I suspected that GBG was soon heading south for a while. So true it was. Many traders are now taking profits and waiting for this to fall (which it will), and unless some really positive news comes soon, its going to continue to slowly fall.

The Lodestone news must be a cracker to move the SP north and hold it there in the interim, otherwise it will be idling until Dec when its likely that they will announce the details of the financial arrangements to kick start production, and regulatory approvals by Q1 08. Only once we get these two things squared away and LOCKED IN (and I know we all believe these are certain, but you never know for sure, until its done and dusted), will the GBG SP start realising its true potential.

I may be completely wrong (and I hope I am, for those LT holders out there), but I'm going to now wait for the drop to the 1.30-1.40's. Otherwise I'll wait until it comfortably breaches 2.00 and holds for a while at that mark, before I buy back in.

Good luck to all -I hope we all make money, and wads of it too :)

DYOR