via Financial Post -

Two articles this week that should be some concern to GBN.H shareholders are the developments involving Sprott, Kirkland Lake Gold and Waterton Global Resource:

Barry Critchley writes:

http://business.financialpost.com/news/fp-street/intrigue-at-kirkland-lake-gold-as-board-and-management-battle

Peter Koven writes:

http://business.financialpost.com/news/mining/waterton-global-resource-management-raises-another-us725-million-for-mining-private-equity-deals

via Stockwatch

A company named in the Critchley article is seeing its share of corporate brinkmanship. Resolute Funds prefers secrecy, so why would they grandstand over company direction, much like Sprott has shuffled management at Kirkland Lake? Resolute Funds also owns a chunk of Kirkland Lake. Resolute may also own a chunk of GBN.H, they took down some 29m. shares in 2010 as part of a financing, though actual shareholder and insider positions have gone unreported for years.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWDO-2377934&symbol=WDO&region=C

$Gold Daily

The daily chart in gold prices is now showing a throwback over a continuation pattern, which has resolved to the upside. This raises the question whether GBN.H management is prepared to execute their intended restructuring, or whether they're willing to let things languish until the shareholder meeting in October. They are already theoretically behind the curve since gold stocks bottomed in summer 2014, meaning they're almost two years behind.

They are certainly getting the $US gold price they were hoping to see a restructuring under. We've now had two months of trading halt as the stock seems to have disappeared off the face of the earth.

http://schrts.co/WuLy1t

-F6