Great Basin Gold Ltd. (fka GBGLF)

[finbar99]

>>bid is very thin to $0.0001..

I remember Birch Mountain back in late '08 - same deal, Canadian company that was halted in Canada but eventually came back online in US. Funds used the only window they had to get out and I got shares at .0002 - not because I thought they had value, but because I put a stink bid in at .0002 and got hit. Sold them for .03 a year later - the think is still around and trades for .0007 - all to say, these first few days of trading are going to more about people getting out. I happen to think that GBG might have some equity value at the end of the day - you do an in-situ model on their S.A. property and even using very low values for resource in the ground, it's not overly difficult to reach the claims hurdle at auction. Hard to say where the price will be in a week or two when those who just want out period get out. POG alone over the next few months could make for interesting days once this pent up selling pressure eases. Better odds than lotto tickets.