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Re: webpence post# 71500

Wednesday, 10/28/2009 1:32:17 PM

Wednesday, October 28, 2009 1:32:17 PM

Post# of 165855
I don't believe we'll see any sort of JV or financing deal on Nemegosenda any time soon. I think Scott is starting to get an understanding of just how mammoth this property is and will want to prove up as much of the resource as humanly possible, so as to ensure that potential financiers are falling all over themselves to get a piece of the proverbial pie.

Financing on Shining Tree, on the other hand, could IMO be announced any time following the initial NI - which is supposed to be underway now, or in the very near future.

That's JMO based on what I've learned in the last couple years of holding here.

~KS~