GBN.V vs. $Gold Monthly

The share price decline has now aligned itself with numbers lined up last month on the GBN.V vs. $Gold monthly chart. I presumed it would come out of an advance in the gold price against GBN.V share prices, but the share price got there first.

The La Ronge Gold Project is Netolitzky and cronies' personal vanity project, where they attempt to fend off interest in the stock by making the company appear as if it were unable to make money. They presumably mine at one end of the property, while they develop at the other. They believe they are saving face by keeping people out of their little sand box.

They are also subconsciously destroying their own shareholders financially by pulling the carpet out from under the investment case time and again, simply because they present the biggest threat should a hostile bid take place.

Running a business is done by perhaps millions of people on a daily basis, and its not rocket science. They are average people with a straightforward approach and use common sense. And they do remarkably well considering the abject failure of these overqualified mining gnomes.

A gold mining operation with costs no greater than 50% or less an ounce of gold should be profitable and distribute money to shareholders.

-F6