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3 days to go until we finally possibly can peruse our GBG Business Rescue Plan? But who is counting!
Who thinks the GBGLF OTC trading will halt for over a week starting this or next week?
Cheers,
Golden-Polar-Bear
PS. Hoping for a small pot of GBG gold and not a lump of coal in July!
New-Career: GBG Production-Overseer: Stoping/Development-Brunstone Mine
www.greatbasingold.com/c_other/careers/GBG_Career_PRODUCTION_OVERSEER_Burnstone.pdf
If you are interested in creating the new “gold standard” in the mining business, forward a detailed CV, stating the name of this publication, giving full details of qualifications and experience and attaching supporting documentation, to:
Human Capital
PO Box 78182
Sandton 2146
Or e-mail to: maripem@za.grtbasin.com
Or fax to: 086 567 6740
Do any of you need a job this July in SA?
This was forwarded to me from an extremely reliable source so...$
NO JOKE!
Golden~Polar~Bear
PS Who wants to do some exhausitive DD on this GBG career proposition & ensure that it is valid etc.?
New-Career: GBG Production-Overseer: Stoping/Development-Brunstone Mine
www.greatbasingold.com/c_other/careers/GBG_Career_PRODUCTION_OVERSEER_Burnstone.pdf
If you are interested in creating the new “gold standard” in the mining business, forward a detailed CV, stating the name of this publication, giving full details of qualifications and experience and attaching supporting documentation, to:
Human Capital
PO Box 78182
Sandton 2146
Or e-mail to: maripem@za.grtbasin.com
Or fax to: 086 567 6740
Do any of you need a job this July in SA?
This was forwarded to me from an extremely reliable source so...$
Sincerely and NO JOKE!
Golden~Polar~Bear
PS I will be swamped this week who wants to do some exhausitive DD on this GBG career proposition & ensure that it is valid etc.?
My average is about .008 pps
If we get a penny; I walk away a winner.
Strange things can happen in South Africa and the Cayman Islands on the golf courses so... I am not feeling overly optimistic at this point.
I will feel much better if we get the JV with Waterton. I have done business in the past in Toronto and trust Waterton and Barrick so... No companies are perfect or do not have some dirt but Barrick and Waterton almost always play by the rules and are quite predictable so... PRAYIN for that Waterton/GBG/Hollister JV
Cheers,
GPB
PS We are all allowed to dream; I hope this works out for all of us including the HDI and GBG Teams that are working around the clock on this!
Why is Soil Solutions working at ourBurnstone Mine?
Who is paying for this service? Why are they working so hard and so fast?
www.soilsolutions.com/portfolio-post/great-basin-gold-burnstone-mine-dust-abatement/
www.soilsolutions.com/intro-video
www.greatbasingold.com/c_assets/burnstone/GBG-Burnstone-technical-report-08Feb2011.pdf
We may have to do the GBG Pool Party in Joberg?
Can you all sans Fin help me with some pertinent DD on Hollister, Burnstone and the key players. Where are they; what are they working on etc
Who has info on Patrick Cooke GBG Director, Barry Coughlan GBG Director, Joe Driscoll, Tom Holcomb, Ronald Thiessen GBG Chairman & Teresa Conner etc
http://www.linkedin.com/pub/joe-driscoll/3a/628/68a
http://www.linkedin.com/pub/tom-holcomb/23/4/b73?trk=pub-pbmap
http://www.linkedin.com/pub/teresa-conner/19/8b8/b3
Cheers,
Golden~Polar~Bear
PS What do you think of the very recent and organized photos of our Burnstone mine on the link provided?
Let's hope the Chinese buy Burnstone or we get a JV with ABG?
Cheers,
GPB
PS I will JUMP for JOY if we get the extremely highly unlikely JV with Waterton/GBG/HOLLISTER/Esmeralda
I concur! eom
NPI = Net Profit Interest or Net Proceeds Royalties
It is a type of royalty paid usually after all costs are covered. Most accountants and business people are great at dreaming up valid expenses so... Good luck working with any form of NPI Royalty!
The company must be making an obvious profit before any royalties are paid!
Cheers,
GPB
GBG Market Value $1,998,072USD a/oJun 14, 2013
Is This A GBG Joke! Seriously, houses sell in my neighbourhood for $ 2M not Gold companies! I do live in the heart of the most expensive cities in North America but really...
Glad to know that there is no stock manipulation going on with my GBGLF shares!
Zeros or HERO$$$,
Golden~Polar~Bear
PS The Securities and Exchange Commission opened an insider-trading investigation into... ???
Hoping our GBGroulette Ball Lands on .09 PPS!
Prayin' for the completely unrealistic GBGLF .31 pps in July!
Wish I had more insight on this financial GBG mess and how they will resolve it??? If ever?
What exactly are Southgold & Burnstone mine's debts as of June 2013?
This information will provide us with the exact $ hurdle we need to meet to become Hero$ and hopefully not zeros!
Cheers,
Golden~Polar~Bear
The Geita properties are subject to a joint venture between Great Basin Gold Ltd. (who acquired Rusaf Gold Ltd.) and BEAL. BEAL has a 20% free-carried interest
www.africanbarrickgold.com/~/media/Files/A/African-Barrick-Gold/Attachments/pdf/reports-and-presentations/2010/abg-prospectus.pdf
Cheers,
GPB
Love your enthusiam; prepare yourself for reality!
Waterton Global may have a JV with Hollister and ABG http://www.africanbarrickgold.com/ or the Chinese may have purchased Burstone and some of our African assets. We hope!
I see each shareholder walking away with .1 pps for Burstone if we are lucky and a weak 80% Waterton/ 20% GBG JV.
IMO, this would be a dream scenario and we will not be trading on the NYSE for at least a year.
We need a much higher POG for this all to explode asap! If the price of gold was well above $1700 USD well...
Waterton Global Resources JV examples and look at the low stock prices.
Gryphon Gold .02 pps http://www.gryphongold.com/investors/stock_info/
Sage Gold Inc. .04 pps
http://www.sagegoldinc.com/Investors/stock-info/default.aspx
Scorpio Gold .25 pps
http://www.scorpiogold.com/s/stock_info.asp
"...Waterton Global Resource Management invests in producing and late-stage development assets in politically stable geographies, through joint ventures, partnerships and acquisitions. We have assembled a multi-disciplinary technical team with extensive expertise evaluating, developing and operating precious metals mining projects throughout the world..."
www.watertonglobal.com/index.pl
If the Chinese really wanted Burnstone and the other bids were extremely strong??? Maybe we will see .30 pps and absolutely no JV! Remember the Chinese are still contemplating purchasing ABG so...
Anything above .03 pps is a blessing IMHO; we would all love to see .30 pps but this level of payment with the present price of gold is highly unlikely.
Cheers,
Golden~Polar~Bear
PS Remember if GBG cannot make certain payments to Waterton over several years if we have a JV ; we will have to give Hollister to Waterton so ...
abg-prospectus.pdf
contiguous along the Geita Greenstone Belt.The Geita properties are subject to a joint venture between Great Basin GoldLtd. (who acquired Rusaf Gold Ltd.) and BEAL. BEAL has a 20% free-carried interest
www.africanbarrickgold.com/~/media/Files/A/African-Barrick-Gold/Attachments/pdf/reports-and-presentations/2010/abg-prospectus.pdf
I am looking forward to meeting Ron Thiessen and I cannot wait to see the look in his eyes when he learns I own over 1% of the new revitalized GBG.
If this goes to zero; I drive a used car for three years. Big deal!
Cheers,
GPB
*Hollister is one of the highest grade ore bodies in the industry
*Environmental Impact Statement (EIS) due in second half of 2012 ???
*The Hollister Property and the Esmeralda Mine present outstanding growth potential
*80 000 to 100,000 Au eq oz/year average production at a cash cost of US$600/oz over eight year mine life
*0.9 M Au eq oz Reserves (P&P)
*1.6 M Au eq oz Resources (M&I)
Why has this not been removed from the GBG website? Outdated PR or preferably a Waterton/GBG JV ?
http://www.greatbasingold.com/c_investorcentre/FactSheet/2012/GBGFactSheetJune2012.pdf
Have a great weekend<
Golden~Polar~Bear
PS Ron Thiessen our GBG Chairman is Hollister mine and the Esmeralda property in Nevada ever going to earn an EIS?
Thank You Stoman, for the pertinent GBG etc information!
Many high rollers, banks, shareholders and creditors have lost their shirts on GBG will there be any light at the end of the tunnel.
Please do last minute DD on all of the key players.
6 days to go until a proper Business Rescue Plan or a Finny Liquidation?
Cheers,
GPB
PS I am swamped with work so...
I concur, if GBG continues to tank and hit zero; our GBG Chairman Ron Thiessen will be left in an enviable position leading HDI Pebble Project & Northern Dynasty etc IMHO!
As a chartered accountant, he and his GBG team will do his best to squeeze every penny they can get out of this GBG lemon. Where will the possible profits go via the Cayman Islands?
Can Ron make a little Golden GBG Lemonade? Well miracles rarely happen in the GBGLF fold.
You can learn a lot from a person's history. Who has a little time to do some DD on how many times Ron has already done this type of acquisition, merger and JV? Has he reglarly played BLIND POKER with his shareholders, creditors etc or ...
Cheers,
Golden~Polar~Bear
PS Thank you for your frank and realistic comment!
No Limit GBG Holdem Blind Poker Tournament in Nevada & SA on June 21st!
www.youtube.com/watch?v=oBvP82u9Npk
Ron Thiessen is incharge of this No Limit GBG Holdem Blind Poker Tournament and he is an extremely powerful puppet master so...
I think we are on the right side of this if a large and not a slight GBGLF profit is found. If the profit is minimal IMO it will evapourate in the hot African or Nevada sun.
We need an obvious $ 100+ million after all expenses and creditors are paid or we will be ZEROs!
I am pleased that Ron is at the helm; I am surprised that he is allowing us to all play blind? When we cannot read the cards; so as he wishes very few high rollers are coming to the GBG table.
Cheers,
Golden~Polar~Bear
PS If Ron cannot pull us out of this horrible financial GBG mess ... > = ZEROS & NOT hero$!
C&P, well it is time to flip the Golden GBG COIN before the games begin on June 21st & June 28th, 2013!
Heads is a Golden Polar Bear Growling !
Tails, unfortunately is Finny & T9! :~(
Cheers,
GPB
PS LOL!
Joe Driscoll, VP Nevada Operations at Great Basin Gold
Why has Joe not updated his LinkedIn profile ? Possible good news for GBGLF shareholders or a JV?
www.linkedin.com/pub/joe-driscoll/3a/628/68a
Sincerely,
GPB
PS Ditto for Teresa Conner Chief Environmental Engineer at GREAT BASIN GOLD http://www.linkedin.com/pub/teresa-conner/19/8b8/b3
Joshua Ngoma's Biggest Ever Disappointment: GBG & Burnstone Mine?
Joseph Ngoma was appointed a Director of Great Basin Gold Limited in July 2009. He is also a member of the Company's Environmental, Health & Safety Committee.
Mr. Ngoma, is a founding member and current Chief Executive Officer of Tranter Holdings (Pty) Ltd. He has also served with ZCCM (Zambia Consolidated Copper Mines Ltd), Cementation Mining, De Beers and Sasol Mining before joining Eyesizwe Coal, where he served from Group Technical Manager to General Manager of the Matla Colliery. He later joined Anglo Platinum as the Group Manager: New Mining Technologies. Mr. Ngoma holds a Bachelor of Engineering degree with Honours in Mining Engineering from Camborne School of Mines in the UK and a Master of Engineering in Project Management from the University of Pretoria.
www.miningweekly.com/article/joshua-ngoma-2011-03-04
http://www.greatbasingold.com/board_of_directors.cfm
+ Ronald W. Thiessen - GBG Chairman & Director
+ Patrick R. Cooke - GBG Director
+ T.Barry Coughlan - GBG Director
+ Anu Dhir - GBG Director
+ Octavia M. Matloa - GBG Director
+ Joshua C. Ngoma - GBGLF Director
Sincerely,
Golden~Polar~Bear
PS We will learn if Joshua's biggest disapointment is GBG by mid-July 2013!
Burnstone Mine: potential acquisition target
?? Shallow, semi-mechanised mine
?? Reefs start at 358m below surface
?? P&P reserves of 6.4Moz, M&I gold resources of 12.2Moz (GBG data)
?? Average annual gold production of 160 000oz at cash costs of $650 over 25 year LOM (GBG data)
?? 80% of capital spent to date: ?? production ramp-up imminent
?? Mine currently under care and maintenance
?? 100% ownership, all mining and prospecting licences in place
Potential acquisition opportunities
?? Where are the current opportunities?
?? Harmony assets – Kalgold, Joel, Unisel, Bambanani
?? AngloGold Ashanti Assets – Navachab
?? Sibanye – Beatrix/Bloemhoek Strategy
?? GBG – Burnstone Mine Quoted from www.witsgold.com & Please read page 5 etc http://www.witsgold.com/investors-and-media/presentations/2013
Philip Kotze, Chief Executive Officer
Philip is a mining engineer with 30 years’ experience in the mining industry, having held positions at AngloGold Ashanti, Kalahari Goldridge Mining, the Harmony Group, and Deloitte & Touche. He has served on the executive level of mining companies since 1996 and has distinguished himself as a turn-around specialist.
Philip joined Anooraq Resources Corporation on 1 June 2008 as President and Chief Executive Officer, a position he held until March 2011. He took up the position as Chief Executive Officer of Wits Gold on 1 August 2011. Apart from his executive functions with Wits Gold, he also currently serves on the board of Great Basin Gold. (Outdated Info! but interesting) Quoted from www.witsgold.com
Mr Philip Kotze & Mr Hethen Hira
Chief Executive Officer & Vice President: Corporate Affairs of WitsGold
Tel: +27 11 832 1749
Email: Philip@witsgold.com
Cheers,
Golden~Polar~Bear
PS T9 Please do not read this!
Ron Thiessen, HDI and several of our Directors are specialists on varied mergers, acquisitions and JVs so...
I know Ron has a large chunk of GBGLF shares and I cannot imagine him and our GBG/HDI Team not being rewarded with at least .09 pps!
Cheers,
GPB
NO Waterton/GBG JV a valid point FIN et al.,
This would not be the first time that not all of the pertinent information has not been provided to the public until all of the negotiations have been properly terminated so time will tell!
WATERTON Global Resources/GBG JV an extreme long shot! Miracles do happen and we need one right about now!
Cheers,
GPB
OUR Possible Waterton/GBG/Hollister/Esmeralda is an extreme long shot!
They may be just updating the GBG Nevada link??? This would be a highly unlikely dream scenario!
The Nevada GBG contact information has also been removed so... NOT good! IMHO!
Waterton Global Resources does not provide a lot of information about their varied and international assets so until July 1st ...
Cheers,
Golden-Polar-Bear
PS Any positive GBG news would be greatly appreciated at the end of June!
BAD NEWS LOOKS LIKE NO Waterton/GBG/Hollister/EsmeraldaJV Trouble IMHO!
I knew this was an extreme long shot...Not good!
Burnstone mine looks our last real hope IMO!
Hang in there this is going to a very rough ride and a possible hard landing in July.
Cheers,
Golden~Polar~Bear
PS Now we really need the luck of the Irish!
Under 1000 GBGLF share just traded A PLACE-KEEPER at .0048 pps IMO! This getting to be very repetitive and predictable! NO normal trader could profit from such a low number of shares purchased.
I cannot wait for the MM to allow GBGLF to actually trade on the open OTC market or for Burstone to be acquired by the Chinese!
Cheers,
GBP
30+ per cent GAP UP! It's a START.
Cheers,
Grumpy-Golden-Polar-Bear
PS I need to get my paws on a huge pile of GBG Golden Honey in July at the Bellagio?
"21 June: Publication of business rescue plan;
Notice in terms of section 151(2) of the Companies Act setting out a summary of the rights of affected persons to participate in and vote at the meeting;"
www.greatbasingold.com/businessrescue/04062013/Revised%20timeline.pdf
Let's hope it is a proper GBG BRP?
Cheers,
GPB
PS We will not need to wait much longer zeros or HERO$?
I need this too GAP UP soon or I will not own over 1 percent of the GBGLF common shares and I am really tired of purchasing these shares.
Looking for $ympathy here! Or better yet a PPS over .11 in July?
Hasta Mañana a todo el mundo,
Golden~Polar~Bear
We will not be in this VICOUSLY LOW territory for long so take advantage while you can!
Ready for 9 am trading!
Cheers,
Golden~Polar~Bear
PS Well just another .0041 cents between hope and Zero; I think we are going to still be HERO$!
I want to be a Director of the new GBG and be provided with about .5M USD. I do not want to be the CEO and have to work 7 days a week at least 10 hours a day for the exact same money.
Sincerely,
GPB
Now, I have well over 6 million GBGLF shares that I personally own and I have been trading from four different accounts.
I will hold these GBGLF shares until at least mid-July.
Wishing us all the luck of the Irish,
Golden-Polar-Bear
PS I wish the price of gold would bounce a little!
When we go to .000000005 I will...
Seriously, I have enough GBGLF shares so...
Who thinks Ron Thiessen will leave us high and dry? Zeros or HEROS?
Cheers,
GPB
PS I cannot wait for the perfect financial GBG storm to end and I am hoping for a large pot a of gold!
"...But analysts said they will watch not just writedowns but also the miners' push to concentrate on higher grade and higher margin projects - a focus that could hit cash generation ..."
Does Hollister mine and our lack of a Final EIS and clear joint venture with Waterton Global Resources come to mind?
www.reuters.com/article/2013/06/10/gold-writedowns-idUSL5N0EL0QN20130610
Cheers,
Golden~Polar~Bear
PS We really need the price of gold to rise above $1500 USD to have even a chance of getting out of this GBG financial mess. ( I am really starting to hope the Chinese bought our Burnstone mine )
GBGLF Market Value ONLY $2,854,389 a/o June 07, 2013
2,854,389/.006 = 475,731,500 GBGLF shares still outstanding
We have dropped by easily 75 million GBGLF shares in just several months! Obviously, this is a cause for concern.
http://www.otcmarkets.com/stock/GBGLF/company-info
Cheers,
Golden~Polar~Bear
"...Northern Dynasty's letter to EPA Acting Administrator Bob Perciasepe states the federal agency has further failed to provide for an open, objective and transparent public and scientific review of the 2013 draft BBWA by unnecessarily restricting public comment opportunities on a 1,300+ page document and restricting public access to its Peer Review Panel, ignoring the agency's own guidelines for scientific peer review.
"While unprecedented, Northern Dynasty said at the outset of the BBWA process that EPA's study could have served a valuable purpose for project stakeholders and the people of southwest Alaska if it provided an objective, science-based assessment of the true risks and opportunities associated with modern mine development in the region prior to the onset of project permitting," Thiessen said. "Unfortunately in its current form, the BBWA is not an objective, science-based assessment but a demonstrably flawed and biased document now being used to substantial effect by the anti-development community to manipulate public and political opinion about one of America's greatest assets, the Pebble Project..."
www.northerndynastyminerals.com/ndm/NewsReleases.asp?ReportID=586765&_Type=News-Releases&_Title=Northern-Dynasty-calls-EPAs-Bristol-Bay-Watershed-Assessment-process-biased...
Who thinks Hollister mine has their Final EIS? If not good luck Ronald Thiessen/Waterton/GBG negotiating with the EPA after these varied concerning statements regarding the EPA and the EIS process in the US.
Cheers,
Golden~Polar~Bear
PS I wonder if Bob is pleased about these diparaging remarks?
Who would bother SELLING 300 GBGLF @ .0056 = "$1.68 doesn't even cover the cost of the trade."
This really is becoming a joke; the manipulation just does not stop so... Thanks for the info BigBux!
Cheers,
GPB
PS Time for me to focus more on the NYSE!
Yup! This one is just too risky!
Nagoya, I concur with you and I have been dumping some of this GBGLF stock but will hold with my present position.
Cheers
GPB
PS. Just a little too risky for me and I will stick with the NYSE!
Without the final Hollister EIS only a minimal amount of gold can be recovered each year and only 5 per cent of the Hollister property has been properly investigated for gold and silver so no final EIS means ... No Hollister or Burnstone JV means ...
Zeros or Heros?