Great Basin Gold Ltd. (fka GBGLF)

[finbar99]

>>Hi GBP,RZJ, could we propose to ask GBGL to forward sale some gold to gold royalty company, e.g. royal gold or franco nevada, to get some cash to restructure the debts and re-start up the gold mine, and stop using the long slope mining method, but to use the traditional mining method to avoid the dilution ?

My suspicion is that there is not enough confidence in the ability to achieve production for a royalty company to enter into a forward sale arrangement and that this is the reason it wasn't done. Would you give the current mgmt team 200 or 300 million in exchange for a slice of future production in light of what they did with the last 800 million?