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Re: zahnj post# 80751

Monday, 03/08/2010 7:26:48 PM

Monday, March 08, 2010 7:26:48 PM

Post# of 82105
I have had extreme good luck buying into companies that were taken over by a foreign company. One company I traded was Chapperal Resources (Caspian Sea play) that was bought out by Lukoil. We don't know where the buying of GBDX is coming from. Perhaps from South Africa. The trading volume is an indicator of how close we are to a merger or takeover of GBDX by an African resource company. There are other regional stock exchanges that I have not mentioned nearby to Tshipisi, South Africa. An SEC administrative hearing should have happened when GBDX issued its last PR in 2008. It did not. There is probably no reason to have the charter revoked. GBDX is not the same situation as CMKX. It is not correct to make any comparisons other than both used the same transfer agent. Also, that there was outside manipulation of the share price. An indicator that the merger or takeover will eventually happen is when the two Russians were replaced on the Board of Directors by two Africans.