Replies to post #7278 on Great Basin Gold Ltd. (fka GBGLF)

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Wits Gold:

The Company’s three-tiered growth strategy includes actively seeking acquisition opportunities and targeting advanced projects and assets with turnaround potential while continuing to develop it’s exploration database.

Acquisitions:
• Focus on assets with turnaround potential and expansion opportunities
• Wits Gold is poised to become an active participant in opportunities as the mining industry unbundles
• Ongoing due diligence on prospective targets with the aim of increasing our African footprint


Renova Group:

Invests in Russia, Switzerland, Italy, South Africa, Ukraine, Latvia, Kirghizia, Mongolia and other countries. The strategy of Renova Group is targeted at the acquisition of assets in industries with a significant growth and consolidation potential.


CNG:

The largest gold producer in China
Distinguished integrated PRC and international management with proven track record
Two producing mines and a pipeline of acquisition targets
Huge exploration potential providing significant resources and reserve upside
Clearly defined production growth profile, including Jiama Phase II and CSH expansion
International best practice in mine development and environmental protection
A regional benchmark in China
Strategy in place for organic and accretive growth

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Enterprise value is the purchase price a buyer would have to pay.

Market cap is the value of equity, as well as its industry weight.