No website and halted trade at almost the same time make me a bit curious. Is the GBGLF shares going to trade via Sibanye?? If GBG will restart to trade their shares via GBG, why did it remove its website? Any thoughts please?
"Lara Kahn, Partner in-Dispute-Resolution on-the successful-business-rescue-of-Southgold". 04 JULY 2014 "Southgold Successfully Passes Through Business Rescue"
I hope the Gold Miners in the Balfour & Burnstone region in South Africa fully understand that it will be them and NOT any administration team that will ensure that the Burnstone Gold mine is NOT liquidated for pennies on the dollar in 2015! The best mining plans in the world are worthless; without GREAT and experienced gold miners.
They will make Burnstone a world-class profitable mine IMO!
Great Basin Gold : Burnstone http://www.greatbasingold.co.za/burnstone.cfm Great Basin Gold Limited is an international gold mining company with two emerging mines in the world's richest gold regions.
Please note the URL has slightly changed www.greatbasingold.co.za/burnstone.cfm
This GBG URL has been used in the past but to NO great avail; might this change?
"...BUSINESS RESCUE PRACTITIONER 20. The Burnstone Property is 100% owned by Southgold Exploration Pty Ltd. (“Southgold”), an indirect subsidiary of GBGL. 21. Southgold is subject to business rescue proceedings in South Africa pursuant to Chapter 6 of the Companies Act and Mr. Peter van den Steen has been appointed as the Business Rescue Practitioner of Southgold (the “BRP”) overseeing the activities of Southgold, including with respect to the Burnstone Property...."