I think this will be a begining of a big uptrend for gbn. Gbn has recovered it's low and has started a clear uptrend in last 20 days but first let's look at what will make gbn go up along with junior gold section:

http://www.nytimes.com/2012/01/14/business/global/euro-zone-downgrades-expected.html

But it's not just Europe, China , Japan have been slowing down and U.S will likely have another credit crisis(debt ceiling problems, etc..).

If anyone thinks this will be over soon I predict we wouldn't see any end in site in 2012. I think given the results over last week I'm confident gbn will surpass it's profit from last quarter by 5-10% based mainly on strengths of markets