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Re: WaynoIam post# 3263

Tuesday, 10/28/2014 9:41:43 AM

Tuesday, October 28, 2014 9:41:43 AM

Post# of 7810
Let Me Explain How It works

Shengda already owns 52% of Sino as is already and will get the rest once the transaction completes.


Since SDRG by default is in a joint venture with Sino Top...at 40% Equuty interest, SDRG will sell their 40% interest as well which I mentioned before.

The debt issue is peanuts since that IS part of the transaction deal.

Right now there is a third party, attorneys, etc trying to come up with a fair deal. If they offer say .40 pps... will shareholders/directors go with the deal or do we try to build our value, Hold out...and go for higher numbers?? (MARCS trip to Ecuador which I'm guessing to check out mines)...

Sorry if I didn't get to your post yesterday as I was dead tired and busy when you posted.

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