Great Basin Gold Ltd. (USA) (AMEX:GBG)
The Company engaged in the business of acquiring ownership of or interests in, and exploring and where warranted developing, precious metals deposits.
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Penny gold miner?
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Gold uptrend
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Bernanke is talking to much.
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This is kind of a junky stock but PM are skyrocketing, so I'll bite.
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Experienced management, conservative accounting practices, and shares are just starting to provide returns.
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Gold looks strong. This seems like a great company ready to skyrocket
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Not much love for my Costanza-esque haiku (except for bot and blesto, thanks!)
Basin makes you clean
Great is much better than good
Pretty refreshing
From the episode "The Soup"
Kelly: I’m just doing this waitress thing for a while, because I wanted to go to Europe this summer and I could use a few extra ... Careful (she points to the ground, so George will see the fresh horse manure and avoid stepping in it)
George: Oh. It's just horse manure (huh huh - laughs, he points back at the horse that walked by) Horse manure's not that bad. I don't even mind the word “manure.” You know, it's, it's “nure,” which is good. and a “ma” in front of it. MA-NURE. When you consider the other choices, “manure” is actually pretty refreshing.
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binve haiku
Basin makes you clean
Great is much better than good
Pretty refreshing
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Great Basin Gold is about to go from a development company to a full on producer. The company expects the Hollister mine to average around 110,000 oz GEO annually (when complete) and Burnstone should reach an average of 250,000 oz per year. They expect to start sending their first gold from the Burnstone mine by the end of this month (October 2010)
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As good as gold.
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nevada property good infrastructure close to newmont
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Stuck in a range but set to move up.
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They have possesion of many mines in America and South Africa. As inflation fears linger and dollar worries stay, gold and gold mining is a good investment for a balanced portfolio. It was recently featured in this article http://articles.moneycentral.msn.com/learn-how-to-invest/5-attractive-stocks-under-5-dollars.aspx
Once the market gets hold of this stock, it's set to explode.
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With the tremendous amount of liquidity flooding the financial markets through central bank actions over the past three quarters, gold has effectively become the third reserve currency, as investors seek to hedge positions in ever-more-volatile governmental currencies. With inflation an underlying result of rapid money supply expansion, gold may well top $1200/oz by YE 2009.
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When things turn around it will be a result of the governments around the world having pumped money of all kinds into the system. This will cause a surge in inflation as economies start to tick up. That's why I've been and continue to be bullish on precious metals and the miners of said metals. Really, anything that is sensitive to inflation is a good place to be.
The armageddon nuts and gold bugs always think that gold is the place to be, but in this case that does not mean they are wrong.
You can blame TMFBreakerDave for me adding pitches to so many of my picks.
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Bottom Bounced... Now to the Moon with Gold!!
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gbn is the most undervalued gold stock in the universe.Great assets, producing mine as of last month. Mines in the best locations for precious metals in the world.Great management.
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