via 321Gold.com - Eagle Plains

With GBN.H halted and listed on the NEX, there is no data for any available charts. It's as if it dropped out of existence, and really went bankrupt. I'm still wondering about the timing of the restructuring, whether it will drag on for months on end, or whether the gold price will determine the outcome.

Netoltizky is involved with Eagle Plains, as he's involved with Lincoln Mining, and Masuparia. Just the fact that Eagle Plains took up a land position adjacent to the former Claude Resources land position should indicate that the intent is to make money on the revival of interest in the La Ronge Gold Belt. There has also been a diamondiferous discovery in the same region by North Arrow Minerals.

Nobody pays any attention to diamondiferous structures or kimberlites in Saskatchewan. Just look at the fate of Shore Gold. Nobody thinks that it's possible that GBN.H is sitting on an historic discovery, or that, as I contend, they raised capital for an expansion. People believe that ther's only one gold miner and that company was sold for $334m. to Silver Standard. It doesn't occur to anyone that the revenue-based tranche of financing for GBN.H is as much as Claude Resources was bought out for.

http://www.321gold.com/editorials/moriarty/moriarty060616.html

-F6