You now basically appear to have 2 transactions on the Burnstone, both of which value it at close to nil - which is very close to the value Rick Rule put on it when I asked his opinion in Vancouver earlier this year (he actually said negative 20 million)....the mine is seriously FUBAR due to the geology they encountered after spending 100s of millions to get down there.
Mr Mostert was appointed as Senior Vice President Organisational Effectiveness at Sibanye Gold effective 1 January 2013. Prior to joining Sibanye Gold,Mr Mostert served as Vice President Commercial Services at Gold One and previously as Vice President Human Capital at Great Basin Gold. Prior to joining Great Basin Gold in 2006, he was Executive Organisational Development and Employee Relations at Harmony Gold from 2002 to 2006. Mr Mostert joined Harmony in 1996 as part of the acquisition transformational team and was appointed Mine Manager at Elandsrand Mine from 2001 to 2002. Mr Mostert has more than 15 years' experience in the mining industry.
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