GBG long tern debt tripled in two years from Dec 31 2009 to Dec 31 2011 (looking at the Yahoo balance sheet info). I'm thinking some of that increase went to pay off stock options, etc that were part of comp packages--I guess the board made out OK--probably better to just buy ETFs or mutual funds as the exposure to this kinda thing is at least dilluted.
Asian Aflac Duck.<<
Aflac Incorporated /ˈæflæk/ is the largest provider of supplemental insurance in the United States, founded in 1955 and based in Columbus, Georgia. In the United States, Aflac underwrites a wide range of insurance policies, but is perhaps more known for its payroll deduction insurance coverage, which pays cash benefits when a policyholder has a covered accident or illness. ***The company states it insures "one of four Japanese households" and is "the largest life insurer in Japan in terms of individual insurance policies in force".*** Aflac is also well known for its supplemental medical policies.<<
Columbus, GA--Ft. Benning--was in basic training there--YES DRILL SGT!!!
Maybe we should keep an eye out here—if there is any value left, somebody on the inside should be buying. At this price, I’m not talking 10K shares either!! (LOL)
It might be worth a lottery bid--if they are buying.
awesome responsibility!!> I am sorry to place that much responsibilty on your shoulders, but I had to ask.
gbg is staring into the abyss <<..>>
Great Basin Gold Ltd. (AMEX: GBG) 51.8% LOWER; reported Q2 EPS of ($0.05), versus $0.00 reported last year. Revenue for the quarter came in at $32.4 million, versus $56.74 million reported last year
From their 8-k managament says,...to look to the full years results.
Xell that is another six months away.
I can't blame anyone for jumping ship with these numbers.
I believe it was in '2000' gbg made an all time low at 26 cents. If it doesn't recover to that all time low today...well it just won't look good.
I'm kinda fond of 10 cents.
1k 2k 4k 8k 16k 32k
..sounds like a $1,000 lottery ticket.
Well bought some GDXJ and CEF today--have some lower orders for both. Also put in very small order for BGEIX and one for an Am Century fund ANOIX.
Decided to stick with funds--not worry about individual companies.