Replies to post #13120 on Great Basin Gold Ltd. (fka GBGLF)

[goldenpolarbear]

Agreed, still a long shot and highly unlikely if the POG plummets but definitely AGREED!
These GBGLF shares should have gone to zero at least two years ago....

If these shares do not go to zero and they trade Burnstone and a tiny fraction of Waterton' s Hollister mine via GBGLF; these shares will explode. Even if Hollister is not included in the mix.

If Burnstone turns out to be even slightly profitable these GBGLF shares will go through the roof.
If Burstone trades via Sibanye we are ROYALLY...

The fact that Burnstones recent net debt is not included within the recent Sibanye Gold NET DEBT makes it look like the SA Business Rescue Plan might .... Actually...!

Net debt
• Borrowings: R2.5 billon, excluding Burnstone Debt
• Cash: R811 million, excluding Burnstone cash

https://www.sibanyegold.co.za/investors/events/presentations/2015/send/29-2015/187-operating-and-financial-results-for-the-six-months-ended-30-june-2015

Interesting presentation regarding the Platinum deal and SALE OF THE RUSTENBURG OPERATIONS https://www.sibanyegold.co.za/investors/events/presentations/2015/send/29-2015/190-sale-of-the-rustenburg-operations

[Nuru]

Sorry, should have been $0.1B
Good profit anyway, worth trying.