Great Basin Gold Ltd. (fka GBGLF)

[finbar99]

No such luck with the 'bar'.....but I did have an bk atty tell me last week I was ahead of 90% of his colleagues. I won't name the case :) I think he meant it though....I'm going with it at any rate. I will say it wasn't this case. So there is a heirarchy in bk. Equity is at the bottom....creditors are at the top - but creditors are not the monolith that equity is - creditors usually fall into multiple classes. Let's divide them basically into secured and unsecured. Secured and unsecured are usually enemies....and as the Chinese so often say...the enemy of your enemy is your friend...in the docs for this case that I've read, I think the unsecured creditors all want to see a robust auction process...robust auction is all we can ask for.