Great Basin Gold Ltd. (fka GBGLF)

[goldenpolarbear]

"...Definitions relevant to the business rescue provisions of the Act
>Affected Person – shareholder, creditor, registered trade union representing employees of the company or if any of the employees of the company are not represented by a registered trade union, each of those employees or their respective representatives
>Business Rescue - proceedings to facilitate the rehabilitation of a company that is financially distressed by providing for –
>temporary supervision of the company, and of the management of its affairs, business and property;

Definitions relevant to the business rescue provisions of the Act
>Affected Person – shareholder, creditor, registered trade union representing employees of the company or if any of the employees of the company are not represented by a registered trade union, each of those employees or their respective representatives
>Business Rescue - proceedings to facilitate the rehabilitation of a company that is financially distressed by providing for –
>temporary supervision of the company, and of the management of its affairs, business and property;..."
http://www.tma-sa.com/events/tma-sa-conference-2015/80-13-35-pm-jared-n-and-eric-l-werksmans-attorneys/file.html

Nagoya, obviously Sibanye Gold is NOT playing by these rules and seems to be using the fact that GBG was purchased through Wits Gold to ignore their part of the Business Rescue of Great Basin Gold...

I think Sibanye considers SouthGold/Burnstone fully out of the Business Rescue but are they following the South African Business Rescue Plan provided via the courts?
Extreme long shot now...

I do not think BlackRock, MacKenzie or VanGuard will take this lightly and the fact that they are not selling their shares makes me think...

Why did the creditors agree to the BR Plan if they are going to get nothing... This ALL does not add up and the SEC is not going to take lightly the fact that GBG has not properly filed in years...

Heroz or zeroz, well our odds look dismal...

If these shares are still trading and not on the frozen OTC Grey Market in 2017; just maybe $$$

In 2018 if these shares do not come back to life = zeros imho