$Gold:$Silver Weekly

The weekly gold/silver ratio has seen a spectacular reversal, which during the course of the gold bull market has meant a rally in gold prices. The technicals suggest that we are awaiting a lower ratio, and a definitive trend is indicated by moving average crossovers.

http://schrts.co/oVfpEZ

via Investopedia.com. - Performance Bonds

Considering that a performance certificate is a requirement for the conclusion of the pro-forma default of GBN.H, this raises a question. Why would you resort to an entirely deceptive and elaborate campaign to deceive when the stock is closely held in the first place?

The type of contractual obligation you would resort to in order that all aspects are carried out is the Performance Bond, not resorting to the bankruptcy and insolvency act.

Why if the stock is closely held, and there is no risk of a hostile takeover, would you resort to utter secrecy when it's not needed?

Conclusion: Because You Have Something To Hide

http://www.investopedia.com/terms/p/performancebond.asp

-F6