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Saskatchewan's SECRET Gold Mining Development.

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Message: Charts & Comments

Today's Action

GBN.V is back at the previous 17¢ low for now. Any time some new low or decline in the stock occurs, its time to look up U.S. government bond yields. Yields in government bonds are at historical lows, thus GBN.V share price declines.

The inverse correlation with TLT is near perfect. Have a very close look at the trades on Stockwatch. 17¢ per share means the market is trading the stock for the total margin over costs, or below its asset value, or with no gold in the ground.

http://www.bloomberg.com/markets/rates-bonds/government-bonds/us/

-F6

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