Post by
ivanyee1948 on Jan 13, 2011 12:28am
If GBK WINS ruling, GBK = $2 plus
This JILIN JIEN dispute is so unfortunate for GBK. I think if this conflict had not arisen, GBK's stock price would have at least DOUBLED or TRIPLED from it's 40 cents HIGH. WHY ? Firstly, CZZ properety PGM deposits is worth at lease $6 BILLIONS plus + I understand that JILIN JIEN engineers, contractors + management team have been working around the clock building out the MINE like in a serious hurry + that they are ahead of schedule + timelines.Secondly LOOK at the great Drill results from the last 4 News Releases = very positive + much Values added. Mystery discoveries deposits are PHENOMENAL + borders towards XSTRATA' s Big deposits / producing MINE on the same trends. A BIG SURPRISE is the rich PGM discovery at ECHO ONE which adds lots of VALUE + huge potentials there.The DELTA NORTH EAST is another WINNING discovery deposit, not to mention GETTY + TIMTU, BRAVO etc. Add in the expansion of the SYLVIE discovery deposit + the expansion too of BRAVO 4 deposit. WOW.Let's hope that the Arbitration panel votes in favour of GBK + RULES for us. I understand the RULING will take a couple more mths but anything is possible. GBK's management is SUPER CONFIDENT + their Legal Counsel is almost cock sure that GBK has the facts to WIN. The BOTTOMLINE is what is GBK's 50 % of GOLBROOK numerous deposits discoveries WORTH ? This could be leveraged financially if GBK LOSES .I am holding my GBK shares for the RULING. GBK has the GOODS .