GBN.v P&F Weekly

The P&F chart for GBN.V shows a very similar aspect to the log scale chart, where changes are percentage-wise, instead of based on addition.

None of the ratios as concerns GBN.V vs. Gold or GBN.V vs. Treasury works in this chart, so it's a purely price-related point of view.

In the monthly P&F, the bearish price objective had been 18¢ and remains there, though it's been long surpassed. Since that price was recorded, the stock price dwindled to 2¢.

We had a small dead cat bounce which had reached it's bullish price objective very quickly. You can see where if the price should break out over the trendline, we would obtain another bullish price objective.

Stockcharts GBN.V P&F

A company producing 100k oz. of gold @$1375/oz. per year will make $137.5 million. Costs will be negligible for the first two years, since ore had been stockpiled at length and depreciated in prior quarters.

Financing might be in the mix, meaning that you would have some $90 million left over. If EBITDA for the first two years is ~35¢ a share, 10 P/E means $3.50/share.

via SafeHaven - Adrian Ash

http://www.safehaven.com/article/30856/not-so-slims-secrets

via 5i Research - Peter Hodson

http://www.5iresearch.ca/blog/selling-too-early-might-be-a-mistake-five-things-to-consider-first

-F6