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Re: kundy post# 79043

Monday, 03/09/2009 10:50:19 PM

Monday, March 09, 2009 10:50:19 PM

Post# of 82105
South Africa is one of the very best countries in the world to invest in now (if not the very best). The Black Enterprise Empowerment Act (BEE) in South Africa was legislated to eventually hand over control by white owned businesses to aspiring black entrepreneurs.

GBDX is considering divesting their controlling interest to a South African group. This is what GBDX stated in their PR dated 10/14/08. GBDX will do this once the SEC has made a determination. I have no problem waiting this out.