Great Basin Gold Ltd. (fka GBGLF)

[finbar99]

I love bankrupt companies and I love gold miners - I can't not get involved with GBG - if you look around, gold miners have not by and large gone bankrupt in years. Tri-Valley had two gold properties, but they were mainly an oil/gas play. There was that other one - lost canyon? Something canyon. I forget the name, but there was plenty of controversy because of proximity to a military base and Chinese bidders. State Dept nixed the deal for national security reasons. You have public companies trading at 10 oz in the ground, and companies trading at 300 oz in the ground. I was looking at a report the other day that listed Burnstone as the the 19th largest resource in the world. What is that worth? In this crazy world we live in - it is worth what the most deep pocketed bidder is willing to pay - and that is an unpredictable range.