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AugustaFriends

12/15/11 6:09 PM

#162006 RE: AugustaFriends #162005

GBG charts & Great Basin Gold Ltd.

(Link back for over 1000 charts)

Great Basin Gold Ltd. (GBG): GBG is a Canadian company engaged in the exploration and development of gold properties in South Africa and the U.S. Mega funds cut a net $3 million in Q3 from their $55 million prior quarter position in the company. The top mega fund sellers were JP Morgan Chase & Co. ($3 million) and Royal Bank of Canada ($2 million). GBG shares are currently at their lows, and it trades at a cheap 3-4 forward P/E, and at 1.1 P/B compared to the 1.8 average for small-cap junior gold miners.

The following are select small-cap gold miners that these mega fund managers are most bearish about (see Table):


GBG Charts



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AugustaFriends

12/30/11 12:35 AM

#166769 RE: AugustaFriends #162005

JAG anyone in this one? (link back)