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finbar99

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finbar99

Re: bayoutiger post# 9498

Thursday, 08/29/2013 9:43:21 AM

Thursday, August 29, 2013 9:43:21 AM

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>>Doesn't GBG own the Southgold shares? If so, how much are they worth. Is this where GBG shareholders regain their value. Who knows?

They sold the shares to Witz for 10 bucks:


the entire issued share capital of Southgold ("Sale Shares"), the sole owner of the Burnstone property located in the South Rand area of the Witwatersrand Goldfields in the Mpumalanga Province, South Africa where the Burnstone mine project is located;
all shareholder loans and all GBG's inter-group loans against Southgold (the "Sale Claims"),
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