Great Basin Gold Ltd. (fka GBGLF)

[finbar99]

The book value was stated as not impaired BEFORE the halt (as opposed to 'value' stated). I'd like to try and build my own model. Do you not know what happens to shares in BK/CCAA? It's very straight forward in a liquidation, as this case is shaping up to be. You either get a liquidating divvy at the end of the show, or you don't - and it all hinges on what the assets get sold for. I love gold mines, and I love bankrupt stocks - I've served on multiple equity committee's stateside and Canada is a little different, but not much.