Great Basin Gold Ltd. (fka GBGLF)

[finbar99]

Southgold did successfully pass through business rescue - the whole point of the business rescue was to prevent mining rights being forfeited. BUT - your ownership rights in Southgold via Great Basin Gold did not survive - they did not even come close. So the Burnstone mine will see another day, in the hands of new owners.....this is not complicated - it's amazingly crystal clear but I suppose noone can see what they don't want to see no matter how plainly obvious it is before them.

>>If the Burnstone Gold mine trades via GBGLF shares

That isn't ever going to happen - ever, there is not even the remotest possibility. Burnstone will trade via it's new owners shares, not it's former owners shares. duh. Let's take an easy example....your house get's foreclosed on. I buy it at auction. Third party now wants to rent said property....how much of that rent are you going to get? Same amount as Great Basin Gold will get....notwithstanding the fact that the Burnstone was and is a truly fubar geological mess.