Hey Tdash....
After a supposed great news and 610,000 volume this penny stock ticked up 1 penny to $0.04.
Today it is down again to $0.035 with 51,000 volume.
While I believe you are nothing but a hired gun for someone to promote this penny stock, just look at the facts.
GBGD has $12 million in debt and all of it is current.
GBGD has no CASH.
GBGD has no Gold Mining operation active anywhere.
GBGD defaulted on $1.6Million in loans to its other JV partner Consolidated Resources. (CRA)
GBGD is being sued by CRA to recover its $7Million investment
CRA is requesting a court ordered liquidation of the JV and the Toukhmanuk Mine.
This is not getting better. Caldera has no money to pay, John Ulander has no money to pay. There is no MONEY or PROFIT for GBGD. GBGD has no revenue sources except lawsuits, which it can't collect. But GBGD does have $12Million of debt and it owes its lawyers over $1M. How long before the lawyers start suing GBGD to collect their fees.
There only small hope for GBGD to sell MARJAN to get some CASH. But with all the NGOs in Armenia screaming bloody murder and even LYDIAN (TSX:LYD) , which is a real mining company, is having a hard time moving their project forward, I don't know who would buy it.
Caldera even found that GBGD core shack and data was not reliable and that the ming license was issued illegally.
So I don't think it will end well for GBGD.
