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Re: spongeni post# 118660

Friday, 05/07/2010 1:19:49 PM

Friday, May 07, 2010 1:19:49 PM

Post# of 375420
Yo geni, I believe that you are right, in fact I think the lenders got qasp and mineseeker togethor. I mean a lifeinsurance backed bond, those insurance guys are connected up with the royalty of british business, fits right in with the kind of people contributing to mineseeker. So I believe that the closing of the funds has a lot to do with the mineseeker deal. And 350 mil isn't chump change, so whatever Deans involved in is big and has some power people behind it. They will be asserting a deal that ensures a favorable contract for them, which probably includes all sorts of pork, or favors, such as deans contribution to mineseeker. So Dean must be sweating bullets to hold on to his own planned accheivements. In the meantime what we are seeing is all small stuff. So imo the negotiations are proceeding in earnest.
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