$Gold Weekly

I would say the best theoretical outlook for the gold price and the most accurate has been RealTerm's Dax In Gold. Its almost uncanny how closely the gold price in Euros compares to the DAX.

source: http://realterm.de/DAXinGold.php

What we should be seeing in the March precious metals options expiry period, is an aggressive settlement of the strenuous attempts to short gold prices. Short term lease rates are in positive territory while the 3-mo treasury bill rate is declining.

Many attempts at shorting gold were settled within the shortest time frame, so my guess is that the market is setting the price here.

That being said, it looks like the ShareLynx eWave price projection for gold pices may be disqualified unless gold price rocket upwards almost straight up until the next correction.

http://www.sharelynx.com/chartstemp/GoldeWave.php

I have kept the elliot wave count for the weekly chart for the moment, we'll see which price projection survives the correction.

http://scharts.co/13abnbR

GBN.V Weekly

Connecting the dots on all of the viable buy points based on strong inverse correlations with volatility, gold/silver ratio, and U.S. treasury bonds on the log scale chart gives you a downward parabolic move.

I would say that expecting a downside capitulation at this point is wishful thinking, and instead we should expect an upside capitulation instead.

A valuation for GBN.V stock, based on the mineable tonnage for Komis, and $160/oz. NAV gives you a share price of 77 cents.

What that should indicate is that we are in a period of capricious pricing far below the expected bottom in August, 2012.

http://scharts.co/Zvpg1g

via SEDAR - Early Warning Report

An Early Warning Report dated March 8 shows Sprott has sold a chunk of shares Feb. 28. If my hypothesis is correct that Sprott had taken out an equity swap position with GBN.V shares as the basis for the short sale, then perhaps this means that the position is being written off.

http://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00007862

Note that Tom Mcneil bought over a million shares in Wescan Goldfields, the site of the mystery location. Nobody is buying GBN.V shares because they're afraid of a reverse split.

The price for entry into Netolitzky's Little Sandbox is to buy a controlling interest. Thus if they reverse split the shares, it makes it easier for an entrant to take control. More likely that the company will buy back shares first if they cannot obtain financing according to their hare-brained, money-losing stockpiling scheme.

Insiders hoping to keep their jobs had better be buying shares.

--F6