Just thought i would point out a few interesting facts from when GBM's stock price rallied to over 30cps Capitalising the Company at $30m +
Then Oct 2007 Share Price 0.30 Market Cap $30m AUD/Gold A$850 oz Explorer
Now August 2010 Share Price 0.02 Market Cap $7.0m AUD/Gold A$1400 oz Producer
The difference is obviously the fact that we have had GFC which forced the company into suspension but the potential for GBM to go back to its previous Market Cap of $30 mio has to be pretty good over time as they announce increased gold production ......
GBM Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
