My interpretation is that there are other shares to trade at this time and fast money to be made elsewhere. Traders seem to be happy with this level for the time being and will return when gbg is taking the next step towards firming up its resource.
If there are major players putting up very significant dollars to support gbg and its future, I am not going to question their efforts put into due diligence. The second largest steal producer in China (one of the largest consumers in the world) does not have deals with every junior explorer in WA. They have a deal with gbg. Not only a deal but a capital investment plan. This does not eventuate on gut instinct, it is based on facts.
Hope you are getting in then, I know you like BHP and will therefore enjoy the revitalisation over the last few days.
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
