via Safehaven.com

David Chapman has an interesting discussion on the CDNX and gold miners, and divides the CDNX/Gold.

One thing that GBN.V might engage in is a move to the TSX, but that would probably require a reverse split.

Another avenue that the company might take is a bankable feasibility study. Banks will be anxious to lend at rock bottom interest rates (currently ~2.5%) for the long term after the housing bubble blows out. Certainly this would be better than debentures @7%, Waterton @ 9%, or Sprott @ insane, usurious, astronomical rates far beyond credit markets.

A bankable feasibility study will give the company opportunity to package the La Ronge Gold Project into a coherent whole with a mine plan and cogent gold pricing rather than pessimistic appraisals. This is something Pierre Lassonde has complained about. Not that we've seen a coherent gold price outlook in the mining sector, if at all.

Or, they can conspire to take the company private. An interesting article, nonetheless regarding growth. GBN.V has an advantage in that the gold price will continue to advance and will probably wind up with higher average gold prices, rather than crash to levels previously seen.

At any rate:

"However, he also concludes one only has to look at the poor performance of the senior gold miners during the same period. He noted that if the seniors "can't get out of their own way".... "how on earth would one expect to have even the slightest chance of making money in the juniors?" Mike goes on to note that hundreds of millions has been raised since 2001 yet there has been very few discoveries and M&A activity has been sparse."

http://www.safehaven.com/article/27001/chart-of-the-week-cdnxgold-ratio

-F6