updated ceo presentation, page-3

No Iron Ore stocks are doing anything at present. They are all under performing the rest of the market, with the exception of MGX which is based upon its earnings. Be patient, if you believe in China and the IO boom then this will rise. It was a significant placement, and a milestone for GBG. GBG will rise significantly from here, assuming the world doesn't fall into a second recession. Don't expect anything above $2.50 or so for at least GBG's first year of full production, way too much dilution has occurred.

Never agreed with the full extent of the placement, but we are just minor shareholders. Nothing we can do. Although it is fairly unlikely that investors will not make money off GBG buying sub $1.00.