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Friday, 08/10/2007 5:00:52 AM

Friday, August 10, 2007 5:00:52 AM

Post# of 82105
NEWS...NEWS.....NEWS....

Firstly, I want you to look at this chart to understand all my words on GBDX O/S.




For the last 3 days, I'm seeing enormous blocks passing on L2 (between the bid and the ask).

MM try to cover some of the 250M shares short to prevent the next wave of buying.

As I was saying before, ALMAZ have 100M shares now and they need more (at least 75M).

We are very very near the turnaround on this stock, some "Tech pro" have already take it on there "radar screen".
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21945464

The stock will run even without a PR (even more with a strong PR).

Make sure you're all fully loaded.

Actual situation :

O/S = 350M
Float = 250M
Almaz holding = 100M (out of the market)
Short= ? (from 200 to 300M)

So If we get 45M$ for GBDX = 45 / 355 O/S = 0.12$ pps

But If Almaz can regroup 175M shares before the tender offer (average price of 0.010$ = 175M X 0.010 = 1.75M$)

They will pay 1.75M$ + 175M X 0.12$ = 1.75M + 14.5M$ = 16.25M$ (They can save 29M$ !!!! )

Now you know why they've let us slide down here....

They are doig a big "steal" by buying GBDX for 16M$ !!