Presently, Bear I think we are in the dark. The SEC is involved so... I am pleased the SEC is fully involved NOW!
If they revoke these shares it will happen relatively quickly IMHO
We should not have been left in the dark by Ron Thiessen HDI, Philip Kotze, Neal Froneman of Sibanye Gold etc. and we are quickly running out of time here...
It will be an absolute miracle if we pull out of this financial mess! Beyond FRUSTRATED, GPB PS I am shocked to see we are still trading today; only if we are still trading GBGLF shares in late $eptember... Do I see any form of hope because I know the SEC will move quickly against a SHELL company...
AMERICA Before-the SECURITIES AND EXCHANGE-COMMISSION Washington, D.C. 20549
ADMINISTRATIVE PROCEEDING File No. 3-17351 In the Matter of GREAT BASIN GOLD LIMITED
ORDER TO SHOW CAUSE
On July 19, 2016, the Securities and Exchange Commission issued an order instituting proceedings (OIP) pursuant to Section 12(j) of the Securities Exchange Act of 1934, alleging that Respondent has securities registered with the Commission and is delinquent in its periodic filings. Respondent was served with the OIP on July 25, and its answer was due August 8, 2016. Great Basin Gold Ltd., Admin. Proc. Rulings Release No. 4045, 2016 SEC LEXIS 2698 (ALJ Aug. 5, 2016). To date, Respondent has not filed an answer.
Accordingly, Respondent is ORDERED to SHOW CAUSE by no later than August 19, 2016, why the registration of its securities should not be revoked by default due to its failure to file an answer or otherwise defend this proceeding. If Respondent fails to respond to this order, it will be deemed in default and the registration of its securities will be revoked. OIP at 2; 17 C.F.R. §§ 201.155(a)(2), .220(f).
___________Jason S. Patil Administrative Law Judge ..."
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