via Business Vancouver - B.C. Uranium Moratorium

In the following article Boss Power is stated to have received money in an out of court settlement with the B.C. government in 2011.

But what Netolitzky told the shareholders is that government money will be held up should court cases go to appeal before the supreme court. Boss power has now lost both cases before the courts.

Business Vancouver Article

via Mining.com - French Lanscapers Kept Buried Treasure Buried

This story reminds one of both Boss Power and Golden Band resources:

http://www.mining.com/french-workers-kept-buried-treasure-buried-50788/

Golden Band raised money at market from investors on the promises of production, and lied about shut downs. They are lying about the nature of the work done on the properties, reserves, grades, when the work was done, and appear to be abusing the regulatory process as a method of fulfilling legal obligations but also materially misrepresenting the facts by omission. They are withholding the promised engineering report due last January. They are also escrowing production and witholding financial information on the settlement of the Waterton agreement, Level 1 Marketable Securities, and who is buying their gold. They show no accounts receivable, but pay themselves very wealthy salaries.

In my opinion, the Saskatchewan financial regulators are a nepotistic office where down's syndrome runs in the family if they casually overlook this kind of activity.

Stupid me, though, I bought the last 100k shares offered at market before those sell orders were pulled. Shares are still very cheap for a company in production and under growth.

While the majority would jump on the prospect that this company is going to zero, this is the one thing they cannot do, is to go bankrupt.

Since Mount Polley, Ebola, Mine seizures, Fukushima, Ukraine, there are now fewer places to invest in mining. This company is well past the exploration and development cycle, and is now in the growth phase which is clearly evident from aerial photos.

$SPTGD Weekly

The one bright spot has to be the S&P TSX Global Gold Index. The 13-week EMA has clearly crossed over the 34-week EMA, after seeing the bottom last December.

http://scharts.co/Vs2AQG

GBN.V Daily

In drawing an analogy to the 150-day MA crossover of the 200 MA crossover in the $US gold price, the same appears to be a layup on the GBN.V daily chart:

http://scharts.co/Vs6N72

-F6