What I Figure

If you are still holding onto GBN.V shares at this point, there is probably no reason to panic. The optics of shutting down a mill during a gold price rise are laughably and preposterously absurd. It doesn't strike them as the least bit odd that they've already tried the same stupid thing months ago, with no result.

Consider that Masuparia, the JV partner, is totally finished if this occurs, because they are unable to raise money, except through the use of the Jolu Mill, which isn't theirs. Where is the money coming from? I would suspect that the kurfuffle at Boss Power is part of it, but I would take a cue from Rick Rule and sell the weakest companies, meaning any shares where Netolitzky is CEO and Chairman, has no insider position, and put the money into the company where the money is being repurposed and he's awarding himself options, and has a large stake.

At the end of the year, sell-side brokers have to settle, or roll the dice for three or four more years. Equity swaps have terms of three years, so we are at the end of a very long series of failures favouring the sell-side. But the shareholders aren't selling.

Note that the PEA was meant for four years term, and that term has ended. They absolutely DONT want you to look at any information regarding the Rod Zone or the Khan 21 Zone.

The sell-side brokers are sitting there with 2m. shares+ on the bid, and nobody selling. So they need motivated sellers, or something like this could backfire.

The end of the year is the 20th of December. That means ten days left in the year to settle. I don't expect anything material to happen before the new year, so what is the difference if they attempt the same ruse they did during this last year by shutting down the mill for five months?

-F6