In pit resource at $1450 Ouch!! Keep on looking at this stock but see no incentive to invest. Cheap but for a reason.
3 years of drilling to come up with a base case in pit resource of a measly 1.1 million ounces and that is at a fairly high unconservative $1450 gold price assumption. 250,000,000 outstanding shares. No major is interested in acquiring GBB.
Lots of European investors posting with visions of striking it rich in Canada. They will get a quick lesson on the risks of penny mining stocks on the Venture Exchange.