RE: words outits likely an illegal short cover inside haywood and someone just paid a +10% premium for bad judgement. it will be interesting to see how haywood does over the next few months. may be some skeletons in the closet here. "Will they join the BEAR"? maybe this was just haywoods fee for the 46M bought deal. something really wrong about $46M in $1000 units to GBS. i have tried hard to find a reason to invest in gbs and just can't come up with a good one. debt debt debt and now more debt. in my mind they have questionable assets. do they have a property some where that isn't a money sponge? i wish their investors luck. time will tell!
Upside is that I am glad there position has been reduced in MDN.