DON'T BUY

This has been a bit of a disaster. Haven’t had much success in their Ivanhoe deposit in Nevada, which is a narrow high-grade system that runs almost an ounce. Difficult to mine things that narrow. Have a lot of ounces in South Africa but that hasn’t worked either.

precious metals

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PAST TOP PICK
(Top Pick Mar 7/11, Down 66.06%) It did not come in on time and on budget. He got out when he was down 20% because he could not get the answers he wanted.
precious metals
PAST TOP PICK
(Top Pick Dec 16/10, Down 63.63%)
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PAST TOP PICK
(A Top Pick Dec 16/10 Down 60.9%.) It is 10 million ounces of gold in South Africa going into production, which got delayed by a year with higher costs. Sold his holdings at a loss of about 10%-15%.
precious metals
PAST TOP PICK
(Top Pick Dec 16’2010 Down 40.97%) It is hitting bumps and is costing to much and taking too long to get into production.
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HOLD
Attractive from a valuation standpoint. Worry is the South African component of their mining. Gold miners have lagged the commodity quite badly until a week or so ago. He has a bearish view on Commodities at the moment until the EU problem is resolved. Prefers OSK. Stress safety. Stay away from juniors and intermediates.
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WAIT
Gold. When projects go from development to production, there are always delays and costs overruns. Once they get straightened out there is significant upside but there is no hurry to get into this.
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BUY
Incredibly undervalued. Set up and going into production with 10 million ounces in South Africa. South Africa is not that bad a place. $1,500 gold will not affect this company the same as others as this is an execution story. If they can get mining at a price (he wants to give them a bit more time of 6 months or a year) then you have a great flowing asset. Should be a $5 stock.
precious metals
TOP PICK
Developing a gold min in South Africa. 10 million ounces in a relatively small market cap company. Risks, but South African ones. Feels this one is being left behind. Execution risks. Have to put the mine into production, which they will do in the next 6 months. If they can do that effectively there will be an evaluation lift.
precious metals
TOP PICK
A going into production gold story where there are technical issues, which he believes will get solved. Very good management team in South Africa. 10 million gold ounces. Good valuation.
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TOP PICK
A “going into production” south African gold mine of possibly 10 million ounces. Have a million odd ounces in Nevada as well. Very good management team.
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HOLD
Just had a nice breakout this week. Stock has established a new upward trend. Period of seasonal strength is just starting to come in. Stick with it until December and then take your profits.
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BUY on WEAKNESS
He is a huge bull on gold. With all the printing of currency in the world, there’s gold. Highs in Jan and Mar and support at 1.70. Buy it at support level.
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BUY
Recently took over a project in Nevada in a joint venture. Quite undervalued. Run by one of the better mining groups.
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BUY
2 key projects, South Africa and Nevada. It may be in its best interest to focus more on its South Africa project and sell the Nevada holdings. New management with good past experience.
precious metals
Showing 1 to 15 of 23 entries

Great Basin Gold(GBG-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Great Basin Gold is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Great Basin Gold(GBG-T) Frequently Asked Questions

What is Great Basin Gold stock symbol?

Great Basin Gold is a OTC stock, trading under the symbol GBG-T on the (). It is usually referred to as or GBG-T

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In the last year, there was no coverage of Great Basin Gold published on Stockchase.

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Is Great Basin Gold worth watching?

0 stock analysts on Stockchase covered Great Basin Gold In the last year. It is a trending stock that is worth watching.

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On , Great Basin Gold (GBG-T) stock closed at a price of $.