via Missinnippi Broadcast Corporation -

When RMX.TO reports they are contemplating selling the company, they mean that they are going to squeeze out the minority shareholders in a Going Private Transaction. When they say that they 'only' have 300k oz., this is effectively an expression of the cost of revenue in a revenue-based financing over the next five years. RMX.TO is a strong comparable to GBN.V in the structure of its finances, what us being reported to the public, and what the company intends.

The same is with GBN.V, who declared they have 'only' 500k. oz. reserves, and can't seem to 'find' any more gold. It simply doesn't occur to the journalist that this is an expression of the cost of revenue over five years. GBN.V, like RMX.TO, but in a much less public fashion, is also set up for a Going Private Transaction. Doré production has been 'full tilt' according to the SAT photos over the period the company is presumed to have shut down.(see link library)

The article would be sad to read if it wasn't so preposterously absurd. You can read how they're lying to the public(avoiding or omitting the truth):

http://www.mbcradio.com/index.php/mbc-news/15837-golden-band-makes-no-promises-that-la-ronge-mining-will-ever-resume

-F6