I believe the period we are in is referred to as the 'orphan period' in the Life Cycle of a Junior. I also believe that the worst is over. On another note, GCIC owns 15% of OSK which is worth about 10x as much as their 12% ownership of San Gold and account for 3% of the fund compared to .3% for San Gold. If they are taking San Gold private, it will be after OSK which would cost them another $4 billion at current levels. Now if OSK and SGR amalgamated that would be a different story.

The connection is there:

http://agoracom.com/ir/SanGold/forums/discussion/topics/456572-tinfoil-hat-speculation-and-theories-from-outer-space/messages/1482141

the shareprice was also close to 4$ when I wrote that.