RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE YES!!! That's the point.
But it's not even the main point...and clearly several "investors" on this board are operating under the same delusion as GBB mgt.
Buy a property, drill it, prove the resource and...kaboom...stock price goes up?? C'mon...that's just not the way it works.
As important as having economic gold in the ground, is having the cash and team to get it out of the ground...or pull off a good sell out deal for shareholders.
Has GBB done enough drilling and got enough robust assay results to get over 1m oz of their gold categorized in this first report? I don't think so.
Well then, what happens if they haven't...and how do you play the uncertainty if you're a pro?
Work that out and you'll do okay through this first report. Continue to "believe" that drilling for structure and not trusting the assays will still result in a stellar 43-101 and you are setting yourself up to be taken for a ride by the pros.
Geez...you think you own shares in GBB when in fact you are actually holding something that's more like options in an unproven management team.
The good news is the gold is there in the ground...but there are BIG hurdles to get to the point where it is even vaguely reflected in the sp. And this mgt team is still working off an old skool playbook.
Still don't believe me? Look at XRA / XRC...45m eq oz of gold, $70m cash in the bank, solid, proven mgt team, at the pre-feas stage...and valued at less than $15 an oz.
You think I'm bashing GBB? No, I'm explaining how the game works. I'm like your doctor telling you how to fix your chlamydia when you're still in denial that you've even got a rash.
just scratchin'
sjm