via YouTube - William Ackman

William Ackman breaks down investing. From this video, the problem within GBN.V as a company is the controlling shareholder caught in an apparent conflict of interest.

Secondly, the company will eventually be obliged to build new, much larger mill and is directly exposed to the underlying commodity.

Third, certain aspects of the market, such as derivatives and the abolishing of the 'no down-tick rule' have made what should be a straightforward process into a difficult challenge.

http://youtu.be/WEDIj9JBTC8

-F6