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Saskatchewan's SECRET Gold Mining Development.

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Message: Re: Charts & Comments - GBN.V:$Gold

Mar 21, 2015 08:53AM

GBN.V:$Gold Monthly

The last time GBN.V shares held their value against gold, and entered into negative beta against U.S. treasuries was July, 2006.

In order that the shares hold their value after this shorting pallooza, they must provide a yield. The company may very well convert the outstanding shares to preferred's, after a 30:1 reverse split, and begin a yield with ~10% of EBITDA. And the preferred's are rated based on the company's established financials.

Going through all of the companies' documents to pick up on established bylaws is a job and a half.

(Just a scenario. Companies in Canada seem to use preferred's to keep publicly traded ownership within a provice, such as Fortis, which has a series of preferred's.)

http://scharts.co/1cdbG7V

- F6

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