On a further note...I am not sure that the private placement deal will go through. It would seem that with the price of gold holding so well and production running smoothly, the company may decide not to bother with it, due to the dilution. I don't think that would be a bad thing.
No news tomorrow and the deadline expiring might be the best for the long term. Remember this is a gold producing entity that has proven its ability to deliver gold at a very reasonable price. This quarter's operating income should be very strong.
I would be more interested in the $70,000,000.00 cash for 4.5% of production over the five years deal, but I have no idea where that stands. It would be great to be rid of the long term debt, but in any case they can chew it up in a couple of years of good production.
