more going for it than AGO ?? sorry, have to disagree, although I do hold shares in both. AGO is way ahead of GBG on 2 fronts - they have a haematite resource ( direct shipping ore) ready to rock n'roll by 2008, whereas GBG is in magnetite ( much more costly to process prior to shipping ) and won't be ready to produce until at least 2010. Also AGO is very close to infrastructure at Port Hedland ( less than 100km by road which already exists ). GBG's resources are hundreds of K's inland, with no road or railway access - this will take years to build, and is the main reason for SP weakness IMO.
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
