Thats it, monday morn went by and no bk announcement. Bk is not likely now. Bk announcements don't
require days to work out the details. Deals do. I'm telling you folks, when Bambam decided to crank up the printing press again some larger miner flush with cash looked for a distressed miner flush with gold to swoop in on. Those who jumped in after the last gapdown will be pleased and so will those looking for a higher pps to break even. glta
BK? I don't think so! The price of gold is climbing everyday! If another company wants GBG or wants to do a joint venture, they've gotta giddy up now! If they wait for a no #$%$ Armageddon style bankruptcy it will be tied up in the courts forever, not to mention, the board getting the crap sued out of them! No court in Canada is going to let them give it away for so little! Big company will come in and get a piece of the action instead of waiting until after Burnstone is shut down and dealing with the bankruptcy courts! The larger and better experienced mining company's know what's sitting in the ground! They want that gold while the price is high!