Re China stating "that demand for Australian resources will stay strong, shielding the commodities-dependent economy from the global financial crisis."
My feeling is that China will buy our resources but they are going to extract their pound of flesh. As for GBG I think if good news comes re EPA and financing it will pass its previous highs ($1.98 and $1.80) within a year but won't reach the much touted $3.
GBG Price at posting:
42.8¢ Sentiment: Buy Disclosure: Held