too many ships not enough ore ? , page-9

Totally agree. If you compare GBG, GRR, AGO and MGX over the last 12 months they are all trending pretty much the same, the capital raising created a sharp decline over a few days for GBG, then it follows trend again. Some may suggest that GBG should have improved because they are about to go into production, others would say the risk factor will remain high until real operating costs are know.
I assume there is accumulation, shorting etc, etc and I assume paps "washing machine cycle" is operating but we are no worse or better off than our peers (apart from BCI).