Replies to post #9696 on Great Basin Gold Ltd. (fka GBGLF)

[bayoutiger]

I also received a returned email this morning from FTI Consulting. They did respond with the fact that the Hollister Mine is sold, but that the Burnstone Mine still remains as an asset to Great Basin Gold. Maybe Wits Gold cannot come up with the $10.00, to close out the transaction.

The email reads as follows:

Great Basin Gold Limited filed for receivership on June 28, 2013. A copy of all publically available documents filed with the Courts in respect of the Great Basin Gold Receivership, can be found at : http://cfcanada.fticonsulting.com/GBGL/

As per the Ninth Report of the former monitor KPMG, the Hollister mine was sold. Please find this information at: http://www.kpmg.com/ca/en/services/advisory/transactionrestructuring/creditorlinksites/great-basin-gold/pages/default.aspx

The Burnstone mine remains an asset of the company.

FTI Consulting
in its capacity as Receiver of Great Basin Gold Limited and not in its personal or corporate capacity

[finbar99]

>>The Burnstone mine is GBGLF property like it or not...

GBGLF property pending Wits closing the SouthGold deal.....a crappy deal but still the best deal GBGLF creditors could find. And I'm not wasting my time - I'm doing research on how gullible folks can be - it's fascinating.