S&P announcement out this morning explains recent share price weakness. The announcement has re-assured me that the project is progressing well and the selling is not related to more sinester reasons. I don't believe index funds have a large % of GBG shares and the selling is likely to be limited. Remembering that 36% of the stock is owned by our major partner. On the match on the 15th of March is when most of the action will take place and any selling between now and then will create IMO a great opportunity to average down for most of us. As we head towards April, we should see this stock move up. Just my thoughts.
Good luck.
GBG Price at posting:
25.0¢ Sentiment: None Disclosure: Held
