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trandernine

04/30/13 12:47 PM

#6033 RE: finbar99 #6032

you seem so desperate that you can even say that nobody takes burnstone even if it is thrown for free :)

I will keep adding. You keep it coming :)
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HRc60

04/30/13 1:02 PM

#6038 RE: finbar99 #6032

The minium bid was fixed over 330M$ (150M$ + 126M$ + 45M$ + interest + $$$)

A 600M$ Bid was there in september 2012.

Southgold will not be sold.

Southgold will be rescue by an equity infusion or a new loan.

Credit Suisse is now toasted.

Bondholders and Sprott Capital can supply the new loan with a priority over the 150M$ loan of Credit Suisse and Standard Bank.

Bondholder and Credit Suisse and Standard Bank are now at the same priority on the Southgold assets.

Anything can happen now