I think it is just valued at what cash it has at the end of the Sept quarter statement.
I am not very technical but this is how it seems to me.
Shares issued 513.978.850
Cash reserve $129.900.00
Divide one into the other and you come an approx share value of 39.56 cents,which is approximately where it is now.
I am not sure if this is correct anybody else have any ideas along these lines? I may be way out and my maths may be incorrect. I do not belive this current price reflects it's true value at all, considering all the work that has been done on the project to date.
I have been a long time holder and and have been buying up at these prices as I have great faith long term.
This is how it seems to me R&R
GBG Price at posting:
41.9¢ Sentiment: Hold Disclosure: Held