phase 2, page-14

Ansteel will gain what ever percentage they are entitled too should extra funds be required and GBG cant cough up the money. Unless you would prefer a capatial raising on the market...

I think this is the main problem with GBG.. I have no doubt that this mine will make Billions of dollars for the owners in the long term. I just dont think GBG will have any ownership in it when it is a successful operation. I think the issues that were raised in December were the final nail in the GBG coffin.

The Report most GBG holders are waiting on will be a very important document. If it is more bad news then I think this lame duck will become a dead duck.

If it is good news then it might be a short term buying opportuinity. I am still Bearish on the long term viability of GBG..