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Re: BerryBuck post# 5322

Wednesday, 02/03/2010 5:31:35 PM

Wednesday, February 03, 2010 5:31:35 PM

Post# of 60126
The California does exist and is a good one, but they have not closed the deal yet. They may have the cash to complete it but the problem may be in the halt trading that the BCSC has on the shares. SUGO needs to transfer shares along with cash to the property owners and if they can not get around the BCSC they could be dead in the water. There must be something holding them back from finalizing this deal immediately. I see no advantage for them to wait and in 12 days the deal would seem to go away from the last Press release. If they close on Conglomerate Mesa they will have something of value.