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amarksp

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amarksp

Re: longjonsilver post# 406

Monday, 07/07/2003 11:43:06 AM

Monday, July 07, 2003 11:43:06 AM

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"i still have fears that NEM might decide not to complete the deal"

Care to elaborate? Why would NEM decide to fund the joint venture drilling with their own cash and then decide not to go through with the buy out? All facts lead one to believe that NEM got a very good deal on this buyout... $20M in NEM stock for 1.2M ounces of gold ($16.66 per ounce)... and NEM needs to add to their reserves... There would have to be a very big skeleton in the closet for this deal not to be approved by NEM.

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