still overvalued, page-8

i think this forum is for discussion, positive negative and neutral. no1 opinion on here should influence anyone's decision to buy/sell/hold. so who cares if its a negative statement, will you act on it?? i wont cause i make my own mind up..

GBG is in a transition phase, from explorer to producer. the time line to which your investment was made in this company is the biggest factor. Those in for the long haul, me, should make nice gains the NPV of the company will only increase as the resource base GBG is discovering is defined and production approaches.

Like any small stock (atm) there will be fluctuations good/bad news will always come out with a company of this nature. Day trades may base there plays in this stock around reporting forecasts but its obvious where this company will end up and that’s a producer. Infrastructure will cause issues but GBG big project is coming online 2010 still a few years away yet a lot can happen. Ideally GBG wants a quick result to who is building what and where.

For this stock look at the fundamentals, experienced board, great resource base, room for expansion in resource base, price increases in IO predicted to peak 2010 but infrastructure ??? and media releases/updates will come out few and far between now and production, just because each step in becoming a producer will take a lot of time so there wont be much to report.