GBN.V vs. Gold, GBN.V Weekly P&F

GBN.V share prices have been in a spectacular, long-term bear market against gold since 1997. A recovery in the stock price would mean trading 15 - 20X higher against gold.

I would say this is due mostly to Black-Scholes options pricing models used for derivatives, otherwise gold stocks aught to have seen a peak in year 2000, along with other equities. Bre-X intervened to squash gold mining equities at the beginning of the bear market in gold equities, and now abolishing the 'no-down-tick' rule has had an effect as bad on gold mining equities.

http://scharts.co/YaQ57o

The weekly P&F chart with a box size of '5' is still showing a bearish price target of zero.

Weekly P&F

Given the three charts, GBN.V reciprocated, GBN.V vs. Gold, and GBN.V P&F, they paint a worrisome picture.

The following video 'Three Views Of A Secret' might have you relax, if just for a moment:

http://www.youtube.com/watch?v=mQa_JHyA7To

-F6