GBN.V Weekly - Correlations Hatrick

One thing the company can do is hire a CEO that will run the company like an actual business instead of a shell company. They mine at one end, while they raise money and spend it on development elsewhere on the property without informing the shareholders.

A second thing they can do is table a bankable feasibility study to make a coherent whole out of this mess.

Since 2005, when ABCP collapsed in Canada, the first derivatives collapse in the world, rules were loosened so as to allow greater freedom of movement. Since then indicators correlating GBN.V share prices have become increasingly volatile.

By 2011, they tore up the 'no down-tick' rule, allowing further excesses to preserve the growth in covered bonds. (formerly known as ABCP)

For the most part, GBN.V has share price highs and lows that are strongly inversely correlated with three seperate indicators: $VOX, $GOLD:$SILVER, $USB.

We have had a strong confirmation that the bottom should have been in last August, while share prices continue trade capriciously lower.

I have placed three arrows showing indicators that GBN.V share prices were at an extreme, while preserving the broadening pattern formed over several years:

supersize:

http://www.flickr.com/photos/11747277@N07/8424753402/sizes/l/in/photostream/

http://scharts.co/XMT70Q

-F6