RE: GBB-->GHN??Its amazing that many speculators on this board use technical charts to predict GBB's bottom. GBB has already hit rock bottom. In my opinion, the reason for seeing 37 cents is because we faced a disasterous week with the markets being hammered 4 consecutive days in a row, yesterday being the worst (-246). When GBB was trading at 75 cents with strong technicals, those who believe in the charts would of being buying at that level. Did the charts warn us on the events that took place in these past few weeks? I am most certain that GBB will survive, the stock price will consolidate, form a new base, and hit a new all time high. A pretty good pull back I must say.
I rarely pay attention to the technicals. I remember when Canaco was at 38 cents, it hit 94 cents, back down to the 48 cents and of course the technicals suggested an even lower bottom. CAN is now trading at $5.59 - how is that for those of you who believe in the charts.
GBB's results are very similar to those of Osisko, If Osisko was able to survive back then with gold trading between 400 and 500 bucks then with todays gold prices GBB's grades actually look spectacular and quite lucrative to mine at today's gold price.
Frank Basa obviously believes in the story to still own 10% of the company and still has not sold any shares.
The art of "Manipulation" makes many people rich, unfortunetly for those with weak hands, are the ones that lose in this game.