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Re: dano9008 post# 7815

Friday, 06/28/2013 3:54:26 AM

Friday, June 28, 2013 3:54:26 AM

Post# of 14330
FTI consulting Inc is appointed as receiver to GBGL not to CS but it does not matter. If the information received by Monitor is true regarding proposed burnstone sale agreement, this is over. However, monitor has 'outdated' information and BRP extended dates to publish the plan saying the delay is unavoidable due to 3rd party acquirer negotiations. Note the '3rd party' mentioned as an acquirer. Also as some one saying GBGL is probably (have to check docs) one of unsecured creditors to SouthGold.
I will wait for BRP plan before abadoning shares. What about you?

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