Agreed, it was clearly stated Sibanye acquired SouthGold/Burnstone for $7 million from Wits Gold etc... $500 million was previously invested into the Burnstone Gold mine... During the clear and concise Burnstone Project presentation earlier today in South Africa.
It was also stated on camera from Sibanye top brass Great Basin Gold shareholders should be expecting absolutely nothing or only looking at zeros. I do not understand why these shares are still trading but now that the SEC is involved these shares should... ?
I have piles of these shares; I am still NOT going to dump them but the South African Business Rescue plan via SouthGold or Burnstone seems to heading for zeros. Obviously, Burstone is NOT a business rescue in Neal Froneman's or Sibanye's eyes but just a straight acquisition through a second party or via Wits Gold.
Beyond FRUSTRATED with this ... Devious DEBACLE!
Why is there NOT a major sell off of these shares by BlackRock, MacKenzie & VanGuard to name a few... We should be seeing these shares seriously dumped over the next two weeks if they are actually worthless as was clearly stated on camera.
Unbelievable! GPB PS This does not bode well for GBGLF NO point in pumping these shares but I will still not dump these shares because it would NOT be the first time TOP brass has created a smoke screen for shareholders regarding Burnstone...
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