Replies to post #6375 on Great Basin Gold Ltd. (fka GBGLF)

[franks_1]

I agree nagoya. If its .13 a share in December then we will have sold all assets paid creditors and had 63 million left over. If we are a continuing firm then as gpb has been saying we will be zeros or heros...

[finbar99]

>>I've seen you post that you expect .13 by December 2013, my math leads me to a market cap of only 63M. If the company is debt free, would you not expect the PPS to be much higher than that especially with long term investors that bought at much higher amounts.

The problem with winding up debt free in bankruptcy is that you also wind up asset free.

0 debt - 0 assets....if only the market cared about the amount the long term investors bought at.

[goldenpolarbear]

Nagoya, Ron Thiessen is our GBG Chairman, Director and a Chartered Accountant with professional experience in finance, taxation, mergers, acquisitions and re-organizations. Expenses will be drumbed up from all directions to keep our GBGLF pps down for months if we see any positive cash flow. Financially, we do not have a leg to stand on unless the price of gold goes above $1550 USD. Reramping up, Hollister & Burnstone mines will cost a small fortune that we do not have. Waterton, may give us a JV and rescue Hollister???

At this point, if we survive this massive financial mess it will be a miracle. Similar to the Bruins just beating the Leafs.

This company will be very unstable for at least a year after a possible JV or preferably two! The market will not reward GBG until we see some positive cash flow and some real stability. We will be very fortunate to see .10 pps by December 2013 and yes there is an extreme long shot of $1.00 pps in 2014.

Miracles do happen,
Golden Polar Bear

PS Ron Thiessen , it is time to rally the HDI troops and show some real HDI LEADERSHIP!