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When will it start trading? I cannot find that anywhere.
And 5 times present Market Cap for 1% of Dexcom's market share, which has just one application, while Know Labs can apply theirs to MANY. 1% of Dexcom's Market Cap would be $400 million for Know Labs -- Know Labs is presently $80 million -- so 5 times the present market cap. Dexcom's is presently $40 Billion (with a "B") !!
You missed one item on that site from the link you gave.
this weeks kroger ad preview:
http://www.krogerkrazy.com/2015/09/kroger-grocery-store-ad-scan-and-matchups-16/
You missed
HemisFare Pasta (17.6 oz) - $5.99
The others as you indicated are
HemisFare Pasta Sauce (15 oz) - $3.99
HemisFares Olive Oil (17 oz) - $9.99
HemisFares Pasta (9-16 oz) - $2.00
HemisFares Unfiltered Extra Virgin Olive Oil (33.8 oz) - $12.99
Some good information.
These two links, however, are apparently for another FreshTec in the UK, that does not sound like they have anything to do with FreshTec and the SmartPak.
http://www.freshtec.co.uk/
Good to see at least one person excited about TARM. I continue to think Don Roman alone is worth a multiple of the present price. I think others are believers as well, and have been waiting for the right time to be investors.
To add to the understanding of the video it is helpful to read this company update from January 16, 2013. (It is also in the link above.) Since this, the Ponderosa property in Idaho, with some pretty impressive samples, has been added to TARM's production potential.
- - - -
Tara Minerals Corp. (OTCBB: TARM) (BERLIN: 6T3) is pleased to provide a corporate update regarding its Gold, Silver, Zinc, and Lead properties located in Mexico.
Work completed in 2012 has identified an optimal mineralized Silver structure for initial mill feed. Work plans for 2013 have been outlined and work will begin to further delineate mill feed specifics, including a mine development plan, tonnage, grade, and metallurgy, in preparation for 2013 production. This work will also drive long-term exploration efforts within the district.
Tara currently has 100% ownership in over 39 square miles (25,770 acres) in the Don Roman district located in the northern part of the La Reforma Mining District of northeastern Sinaloa State, Mexico. The objectives include the prioritization and the delineation of an estimated 70+ Gold, Silver, Zinc, and Lead mineralized structures located within the Don Roman district.
Based on historical and current workings, surveys, sampling, and Tara's previous mining from the "El Sapo" Manto at Don Roman, Tara believes the district holds the potential for a substantial amount of tonnage at economically favorable grades. With Tara controlling a large portion of the district already, the opportunity exists for long term organic growth.
A strategically positioned, 100% owned production plant, which was built to scale up capacity as mines are developed, currently has a capacity of 360 tonnes per day. Planned engineering and metallurgical work should define what modifications or potential enhancements are necessary to ultimately achieve commercial production.
After an initial payment of $7.5 million, a second payment of $9.8 million is due from Yamana Gold in May 2013 from the sale of the Picacho Gold/Silver project. This is expected to be more than sufficient to achieve commercial production at Don Roman and aggressively expand production or acquire additional near-production projects.
Mr. Francis Biscan Jr., President of Tara Minerals, stated, "Our technical team has developed a work plan designed to lead to commercial production in 2013. Our primary focus will be on achieving Don Roman production and the acquisition of additional near-production projects."
Mineralization at the district falls into two categories. The first is the skarn type mineralization and the second type is moderately to steeply dipping Gold-bearing quartz veins in shear zones. Zinc skarns commonly occur in continental settings associated with subduction and extensional faulting, which is the case in Sinaloa. These skarns are generally high grade with Zinc/Lead grades of 10 to 20% and Silver in the 30 to 300 g/t range. It is very common to find substantial Silver/Zinc/Lead skarn deposits peripheral to porphyry Copper systems. The Don Roman district mineralization appears to fit these criteria in terms of metal grades, it is peripheral to a strong porhpyry system and is likely genetically related to the nearby Santo Tomas porphyry Copper.
In an effort to achieve 2013 commercial production at Don Roman, and minimize shareholder dilution, Tara completed the sale of its Picacho Gold/Silver project to Yamana Gold for $35.6 million. $7.5 million was forwarded by Yamana upon closing and a $9.8 million payment is due in May 2013. Yamana will also pay Tara an additional $1 million for every 100,000 ounces defined by the 60 month anniversary and a final installment payment of $4.3 million on the sixth year anniversary. The payments for the measured, indicated, and inferred ounces defined will be capped at $14 million. If no Gold is defined on the property by the 36 month anniversary, Yamana will make an advance payment of $3 million.
The current work is focused on achieving Don Roman production and will include delineation/drilling of the known structures. All work will be conducted in a NI 43-101 compliant manner.
About Tara Minerals Corp. (http://www.TaraMinerals.com)
Tara Minerals Corp. is focused on prioritizing and the delineation of an estimated 70+ Gold, Silver, Zinc, and Lead mineralized structures for 2013 production. Management is creating long-term shareholder value and deploying its capital to advance its projects by enhancing resources, further outlining new discoveries/targets, and acquiring additional strategic assets. Tara's strength in recognizing value early and strategy of reducing risk through a foundation of cash flow, positions it for low-risk value creation.
[See original news release for the Safe Harbor Statement.]
Contact:
David Barefoot
(888) 901-4550
Email Contact
The other link above from a notice a few days later, is also helpful, saying "an aerial topography survey, covering 5 square kilometers of the Don Roman district, has been completed. The survey results provided Tara with detailed maps from which exact mineral vein locations can be determined. This allows for further correlation, connection and interpretation of surface occurrences in the district."
Amazing declaration from the new video.
The video, with already 76 views in just six days, can be accessed by doing a Google search "Youtube Tara Minerals potential" But it is quite remarkable.
It begins, “There are only so many multi-billion dollar opportunities that are formed under the earth every few million years (sic). Tara Minerals has uncovered one such rare event, and their shareholders are going to make money from it for decades."
When production begins and a cash flow is demonstrated, and then some of that money is put into proving up what is there in many of the 70+ mineral rich identified zones, this stock should be MUCH higher than it is now.
That is to say nothing about the Idaho property and hints of other great properties that the company might consider. Still available at $.35, it would seem to be a super buy here.
The Yamana money is important, and it is hard to imagine that it would not be paid by May 25. I assume we will know by the 16th, since they must give ten days notice.
But I think even without it, this company has a great future. If Yamana does follow through with $9 million plus, Picacho reverts to Tara Minerals. That would not be a catastrophic scenario. The minerals at Don Roman do not therefore go away, and I am sure there must be other money available to make the bridge to production, hopefully that would not be too dilutive.
Maybe it would even be better long-term, to go a different direction and have Picacho as well.
Great new video on Tara Minerals on Youtube!
I just happened to see it. Posted new yesterday. As of now it has three views, one of them mine. It does not seem to be on the company homepage, but is obviously a company production, quite professional. [Just marred by the misspelling of "Opportunity."] Share it with your friends.
Go to Youtube and search for "tara minerals potential" and it should come up at the top after a couple of ads.
There are about four other videos on TARM as well, all worth watching.
Posted by me on another board: "The Idaho expansion must be great. To believe it is worth it to divert full attention from Don Roman, if only a little bit, to acquire and develop the opportunity in Idaho, must mean that expectations run high there. Of course diversifying from having all in Mexico is also great. The news release sounds like it could even beat Don Roman to production. We will have to stay tuned.”
But here I would also like to make an observation re the number of mineralized structures at Don Roman.
I noticed that there are two company presentations on the company website. One is dated October, 2012, and the other just one month later, November, 2012. The second is an expansion and upgrade visually.
But the big difference is the mention throughout of 70+ identified mineralized structures, up from 30+ in the October presentation. I do not think much has been said about that increase, either on this board, or by the company. It just changed. But that must be the work of Steve Eady and team. I am sure the number was increasing before October, but they just caught up with the new delineations of what is there in the November revision of the company presentation.
In any case, it would certainly seem to be a big deal that the number of identified mineralized zones more than doubled! There is plenty of reason to be excited to be a TARM shareholder, especially if one is buying at these prices.
It seems apparent that TARM was waiting for the lawsuit to be out of the way, before making this announcement about Ponderosa in Idaho. Great developments, in any case. I wonder if there are any other things they are now ready to make known.
We will see. In spite of what looks like one person making a 120,000 share purchase today on this news, it is still at a great price to get into this stock. One would think this would get some attention and we see a strengthening share price.
As I suggested on another board, I believe encouraging more ongoing sensible discussion about Tara Minerals here makes sense. The guy -- I guess there could be two or so who are in cahoots -- is so desperate to create some discussion, he pretends to be both good cop and bad cop, talking to himself. Rather juvenile. But they are a bunch of Y____s.
I think Sam Dan will rescue us from him/them here.
I believe the company is following the expert advice of Chief Geologist, Steve Eady, and Senior Mining and Plant Engineer, Tom Claridge, to lay a good groundwork to untap the riches at Don Roman of silver, gold, lead, zinc, iron, and other treasures.
I choose to have confidence that continued patience will be rewarded. Check out the company home page and especially the company presentation.
Did you ask administration? I do not know of any decision that would change their plan to trade again and/or issue TARM shares as dividends. With progress at Don Roman, we should see TRGD also helped.
As I said on the TARM board, where the last two posts belong:
"As far as we know, progress continues at Don Roman. There was a disappointment at Champinon because of the drop in the price of iron ore that makes that start up to be delayed, but the minerals are still there at Don Roman, and Claridge and Eady know what to do to get them in production. But Dec. is slow and with no new news, year end tax selling, and some losing patience, the share price probably is reflecting all this. But, given the potential at Don Roman, this is probably a great price at which to buy for the amount of risk compared to the potential reward. So it is also a good price also at which to hold. Time will tell whether this is right."
Since that was posted, there has been some strengthening of the price. I trust it continues. My confidence remains strong.
Zweifler,
As far as we know, progress continues at Don Roman. There was a disappointment at Champinon because of the drop in the price of iron ore that makes that start up to be delayed, but the minerals are still there at Don Roman, and Claridge and Eady know what to do to get them in production. But Dec. is slow and with no new news, year end tax selling, and some losing patience, the share price probably is reflecting all this. But, given the potential at Don Roman, this is probably a great price at which to buy for the amount of risk compared to the potential reward. So it is also a good price also at which to hold. Time will tell whether this is right.
Newcomer here just to say this? Sounds like oopsi?
Look at the company news releases and see what great progress is being made.
http://www.taraminerals.com/English/News/PressReleases/default.aspx
TRGD benefits from it all. It has been declared that TARM shares to be distributed as dividends will happen. Relisting is also planned we have been told, but paying out the dividends will not depend on it. I am confident that patience will be rewarded. The CEO has a big stake in TRGD. He will not let it fail. n the
Jim
Recent posters seem to willfully disregard what has been said about the relisting of TRGD and issuing dividends of TARM shares to holders of TRGD. These statements have not been rescinded, though their fulfillment is taking longer than what we had hoped.
But also the last post implies that what has been said about TARM in recent news releases is not believable. Yet progress is obviously being made. The money from Yamana is being used to prepare for production at Champinon and Don Roman. Let each decide himself about TARM, and realize, as Sam Dam often says, what is good for TARM is good for TRGD.
http://www.taraminerals.com/English/News/PressReleases/default.aspx
Tim Barton is trying to deflect attention. The class action is to be against him. He is the one with the "huff and puff."
Great post mudpuppyman of Jim Sinclair's declaration of war.
http://www.jsmineset.com/
We need to apply it here. He says, "The ends do not justify the means in the investment world even though it is the mantra of the devils that hide as financial and corporate personalities. Unless our markets are cleaned up of criminals there can be no sustained economic recovery. As long as the uptick rule is not enforced the Western world economic system is in the control of demons."
Any "demons" hanging around TARM? Let's get rid of them.
TARM's plans are clear:
The latest news release really shows the great risk/reward situation
http://finance.yahoo.com/news/don-roman-district-production-action-130000444.html
The great interview of the COO and chief geologist with now 528 views
Adapted from another site:
To point out what has been said here before, we have entered a new phase with TARM. We have a different foundation with excellent properties, which we have had for a long time, and now people with excellent expertise to develop them, and most recently much needed funds, $7.5 million from Yamana. No further dilution needed to develop things.
The very rich iron deposit Champinon is the low hanging fruit that will bring a good financial foundation for developing the riches of the gold and silver at Don Roman. Champinon is huge and should amply augment the other minerals and command quite a significant multiple of the present share price.
Furthermore, the properties are nearly 100% Tara Minerals and have minimal obligations to sharing the wealth with partners.
Judge for yourself in the great interview (now with 479 views!)
whether this is not an unusual risk/reward situation.
You are a wise man, stockdarockk. I have been a Tara Minerals shareholder for a few years and have followed things closely. It is indeed now a most incredible risk/reward situation. I can introduce you to other knowledgeable stockholders who could help you in DD.
Thanks for mentioning TARM on other boards.
jim@brubakers.net
You are a wise man, stockdarockk. I have been a Tara Minerals shareholder for a few years and have followed things closely. It is indeed now a most incredible risk/reward situation. I can introduce you to other knowledgeable stockholders who could help you in DD.
Jim Brubaker
jim@brubakers.net
You are a wise man, stockdarockk. I have been a Tara Minerals shareholder for a few years and have followed things closely. It is indeed now a most incredible risk/reward situation. I can introduce you to other knowledgeable stockholders who could help you in DD.
Jim Brubaker
jim@brubakers.net
Mention of the outstanding interview with Tara Minerals COO David Barefoot and Chief Engineer Steve Eady is also given in a press release on the Tara Minerals site.
http://www.taraminerals.com/English/News/PressReleases/PressReleaseDetails/2012/Tara-Minerals-COO-and-Chief-Geologist-Interviewed1130035/default.aspx
The link given to it there is shorter http://goo.gl/ZzF3g
but it goes to the same YouTube site.
It is encouraging to see that there have been 365 views, as of this writing.
I think we do our friends a favor by recommending that they listen to it. They can also read what I transcribed from it in my two recent posts.
[continued from previous post about recent TARM interview.]
David, (speaking at around 7:30 to 9:05 of the interview) telling about Steve Eady, Tom Claridge (“a great mining engineer who is setting up the mining and engineering side of this Champinon project and then will also help with the Don Roman region as well”), and Ramiro, said, “. . . we just got the right team now, which is something that we believe . . .the properties, along with the right team, and then, of course, the capital, is what would position us to really break through and become the next great mining company.”
He then talks about having 30 years’ experience in Phelps Dodge Mining Company and Freeport Mining Company, and he has often thought when looking at a developed region, man what would it have been like 100 years ago, looking at all these deposits that are here and none of them had been developed. He feels that is what he is seeing in this area in Mexico.
“Steve [Eady] – one thing that was exciting for me to watch Steve over this past year, since April of 2011, he’s been down visiting the properties, either when I would be down there, or when he would come back, he would be more excited each visit over the prior visit, and finally came back not long ago, I guess it was Fall of last year, and he said to me, this is like the Morenci District in Arizona, which is one of the most prolific mining districts in all of North America, and he sold me this vision. We always believed the properties were great, but having him having kicked the rocks down there, done the geological work, and feel like this really is a next great mining region to be developed, you know, here on the earth, was exciting. In fact he came and asked for his compensation plan to be restructured with more backend incentive, which says a lot about him, and our whole team. We really have a tight knit team, excited about that kind of an opportunity to do something GREAT in a great industry.”
RE Don Roman David says it is prolific. “. . . over 25,000 acres of high levels of gold, silver, zinc and lead. There is even copper there as well. And we’re talking high grade, Stuart. With silver at 400 to 600 plus grams per tonne, high grade zinc, high grade lead, and then the gold is an area obviously that we are incredibly excited to do more work as well. So we see Q3 going into production, Q4 showing cash flow and then we take that cash flow to really kind of explode the company into our core business, and take our existing, fully owned mill that is set up for three circuits for silver, zinc, and lead, and go into production there as well.
Around 10:50 David again, “We believe we are incredibly undervalued, for two reasons, we are not that well known, and therefore people do not know that we are on the brink of crossing over from Junior Miner hoping to be in production someday, to becoming one of the next great mining companies that’s in production and producing profits, and growing those profits quarter after quarter, year after year. So I would say from a structure standpoint, I believe we are in a position to really drive shareholder value CONSIDERABLEY (his emphasis), with the announcement of production and then growing profitability into the future.”
There is some more worth transcribing, but I have given most of the best parts. But the transcription does not capture the excitement in the voices of Barefoot and Eady. I urge you to listen to the whole interview yourself and tell others about it.
Great insights given in the recent interview.
Especially noteworthy are the transcribed parts from the interview on June 26, 2012, with David Barefoot, COO of TARM, and Steve Eady, TARM geologist, on Youtube.
As hhappy said, it gives a great overview on where TARM is going.
Yes, don't miss this great interview confirming even more what we believe is the incredible potential for this company, from David Barefoot (not Broadfoot, Sam Dan) and Steve Eady.
There are some significant statements that someone should transcribe and post here.
The number of views has quickly gone from 19 to 36. That should get into the 100's, in my opinion. We should spread that link via email to friends, via Facebook, and Twitter. Also indicate "like" for the Youtube site.
The potential of Tara's holdings is shown here, reminding those of us who have been shareholders why we are here. It should get the attention also of new investors. Let the oopsi's and Bartons say what they want to create doubt. That will work itself out, but what TARM owns and can now develop is huge.
= = =
The Don Roman regional holdings have numerous structures with substantial tonnage potential. More than 30 distinct gold/silver/zinc/lead/copper structures, within 8km diameter of the mill, have been discovered and can be mined to feed the mill. These visible veins have been assayed to confirm the existence of high-grade material and our experienced technical and geological team has estimated that the existing plant can be put back into production within a short time frame. There are currently three parallel circuits, each with 120 tonnes per day capacity, in place. Previous engineering work has confirmed that the capacity can be expanded to 2,000+ tonnes per day over time. Tara and others have mined the area for 1-20 [sic] years.
Within the Don Roman regional holdings, Tara has outlined multiple distinct structures assaying: i) 309 g/t silver, 9% zinc, and 3% lead; ii) 770 g/t silver, 27% zinc, and 11% lead; iii) 1.47 g/t gold, 400 g/t silver, 7.48% zinc, 4.92% lead; iv) 10.06 g/t gold and 149.85 g/t silver; and numerous other structures which will be systematically developed through the utilization of the revenue derived from the iron ore production.
= = =
360 tons, 2000 tons, per day of this quality deposits is huge. Of course, they need to continue the game plan, but things seem to be on a good course for us all to be well rewarded for our patience and some detours on the way. The risk/reward continues to be excellent.
In one year, I would most likely gladly pay $.40, including the TARM dividends you will receive for your TRGD shares. OK?
All shareholders ever own is a piece of paper, a certificate that says one owns a part of a company. As others have said, Tara Gold is a company, whether or not it is trading openly.
If you think your shares are no more than a piece of paper, there are probably plenty who would make a private deal to buy them. In my estimation with TARM presently at, say, $.85, a Tara Gold share, just for what it owns of Tara Minerals, is worth about $0.29. I do not know how difficult a private transaction would be, but if it is reasonable, I and others would probably be happy to give you $.15 each for your shares.
If you think they are not worth what you paid for them, just wait. With the TARM dividend shares that will receive, and all the rich deposits that TARM owns, do you really think that you will not get a great return on your TRGD investment, once several million dollars from Yamana is received and used to get production going at Champinon and Don Roman? If so, sell your shares to others of us.
jimb7770
I share your observations about the difficulty Rich and David must have had being misunderstood, and yes, abused, by so many, even "friendly stockholders." As I posted on TARM Yahoo:
- - -
The confidence that many of us had that Rich and David were honorable and working hard for us shareholders is being amply rewarded. Thanks, Rich and David. Many owe apologies to you.
Any who were holding back thinking this company would not achieve success, should be able to invest now with real confidence. With a good amount to invest, we can start dusting off the projections that were made and update them with the added iron ore returns. It seems that we have the capable mining experts, well connected to other experts, in Steve Eady as the Company's Chief Geologist and Tom Claridge as Senior Mining and Plant Engineer.
I would think analysts will not be too far behind in "discovering this unknown company." If I were a stock newsletter analyst I would want to be first to feature it. The story is just too good to believe at these prices.
I do not know who is accumulating, but someone must be. Today and other recent days with higher volume are showing that upward momentum is building.
There is at least one person who is confident about the way things are developing with this company. I agree with them, though I have no ability now to be one of those buying. The confidence that experienced personnel like Eady and Claridge bring is very reassuring for expecting production to get underway within a reasonable time frame.
jimb7770
Zweifler,
As one who knows German, I think you are fulfilling your name (English "Doubter" too well.) Maybe doubting has been justified, but I am convinced that there is huge reason to be reassured with this announcement. The risk/reward at these prices is about as good as you will find, I believe.
Curious924
That is true, kzetmeir, but TARM is not yet $2.00. It is at $1.75, however.
Each distribution of 1 TARM for 20 TRGD amounts to a dividend of 5% of the share price of TARM. Since there are 7 more such 5% dividends remaining to be issued, that is 35%.
So one takes the present price of TARM (say, $1.75) x 35% to arrive at the real value of a TRGD share ($0.6125). One can buy TRGD at $0.44, that means TRGD should rise 39% to reach the implied value of the TARM in TRGD ([$0.6125 - $0.45 = $0.1625] [$0.1625 divided by $0.44 = 39 %).
So to use your 10,000 TRGD shares, you can buy them maybe for $4,400, but they are presently worth 3,500 TARM shares, which are valued at $6,125, a gain of $1,725.
As pointed out, this gives no value to La Currita and some other assets of TRGD.
jimb7770
Great analysis TJ. And that does not give any valuation for La Currita which is wholly TRGD owned. I think another $.10 per share for that is reasonable.
jimb7770
Yes, my new TARM shares seem to be tradable. I entered a sell order for more TARM shares than I had before the newly received shares, at $1.00. (I do not want to actually sell.) And it seems to accept the order, though, of course, it does not execute since the ask is presently $0.72.
I think it could be a mistake on the part of Interactive Brokers. I have a friend who has also gotten TARM in his IB account, but not in his Ameritrade Acct.
jimb7770
For those who have not seen them, the stock dividend of one TARM for each 20 TRGD, has been credited to my one account.
As I write this, however, they do not show yet in my TD Ameritrade accoount.
curious 924
TRGD used to be way undervalued relative to TARM, assuming there were no surprises to be learned from the unreported financials of TRGD. Many of us were convinced that the management was straightforward in tellin us that there were no surprises coming, and we benefited from buying TARM at a discount through buying TRGD.
Now that disoucnt has pretty much disappeared. Right now TRGD is 50% of TARM, which could be a bit of a premium relative to TARM, for its holdings in TARM alone. So TARM may be the better buy, especially given that TRGD does not trade as easily.
But TRGD owns La Currita which is not part of TARM, which could be quite signficant. So probabloy an additional value for that should be consdiered in the share price of TRGD. Given that I think they are about an equal buy, but TARM trades more easily.
One wonders from all that we have heard, whether there will be a short squeeze on TRGD at some point that will send it up more than TARM goes up.
I also owned just TRGD, but partly to diversify, I have bought TARM lately. But both should keep pretty good pace with one another. If either gets significantly ahead of the other on a 2 to 1 basis (two TRGD to one TARM), I would buy the one that is lagging. Right now I see TARM at $.70 and TRGD still at $.33, though no trades. But if you can get TRGD at $.33 that would probably be the better buy.
In a way it does not matter too much which you buy. Both are way undervalued, I am convinced.
curious924
This from another board is a good summary of where we are, and I can confirm nearly all, either from a recent conversatin I had with IR, or from someone else besides this poster who heard it from IR.
- - -
talked with IR 30-Mar-11 12:45 pm
Yamana deal being finalized.
La Currita is a highly prospective property as pzg is finding high grade ore at depth, and la currita is right next door.
Don Ramon still under discussion with suitors.
Everything is coming together and more is in the works.
tarm 10k expected on time. trgd 10k may be delayed.
tarm dividend date to be announced soon, as well as progress in trgd relisting.
The 24 month dividend timeline is not set in stone. Depending on what's best for trgd, it could be accelerated or delayed. If it was delayed, then trgd would own more of tarm for a longer time period which is not a big deal either way.
The company is working hard, and we should not have much longer to wait for the realization. They have a much better sense of what they can do successfully and how to accomplish it. I look forward to great accomplishments this year in revenue production projects and partnerships.
[end of post from other board]
- - -
I think those who have been patient will soon see that patience rewarded.
Curious924
Yamana deal progressing as expected.
I just called David Barefoot to ask about Tara Minerals' Picacho/Adit deal with Yamana. He pointed out that the news release on Feb. 2 did not give a definiteve date for closing the agreement. I checked back and it says, "A definitive agreement is expected to be completed within 45 days."
Some may be concerned that if an announcement does not come out this week or early next week that something has gone wrong. David said originally it was said to be 45-60 days, but the 45 days was used in the news release.
Anyway, he said the deal looks great. Things are advancing with "no quirks whatsoever" (his words). Yamana has to do its due diligence, and the definitive agreement needs to be completed. Both companies could want certain wording changed and this can bring delays. But this all continues to happen as expected.
So a definitive date for completion can still not be given, but it is not because anything has gone wrong. David said he is very pleased with where we are at.
Curious924