Referring to the change in directors interest notice and the downgrade in his stake it doesn't seem like something big is goin to happen in the short term. I know that drilling isn't meant to start on blue hills for a month or so, but i don't think a drill result at blue hills is what is goin to make it move, unless it exceeds all estimates, because if it was the resource estimates it would definitely be a lot higher. We need either an increased interest from a bigger steel player or meleware or gbg directors to address the concerns regarding the 700mil capital outlay and how they intend to meet this. I think short term firing up their gold activities will give the price rise we're after, but going by the director downgrade i don't think it is too short term(i know he didn't sell much but surely someone can wait a month or two on their company if they know somehting in the pipeline). and long term if they can put together a good study of the blue hills and attract interest than we'll see some price action.
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held