InvestorsHub Logo
Followers 4
Posts 1873
Boards Moderated 0
Alias Born 06/15/2009

Re: TradinOnUp post# 27250

Friday, 01/14/2011 8:14:25 PM

Friday, January 14, 2011 8:14:25 PM

Post# of 80983

From KMN on MP


I was talking to GEO this afternoon and we both came to a conclusion that what the 2 of us feel or know about where we are in the deal is hard to get across in a post. The confidence we feel because of our direct contact with management when you hear the persons voice, hear their excitement, their relief, it has a greater impact. There is no doubt in my mind that they have received the money. I am not against them making a small statement, and they may yet do that before the weekend is over. There are simply things we do not know such as, do they have some event planned in Santiago tomorrow that is a ceremonial signing. This is a very big deal not just for us but for the Chilean people, the politicians who helped bring the groups together. There are multiple companies involved in this deal and they are putting a lot of money on the line for this JV. They as well are going to want their day in the sun. Les spoke of one wild ride on the markets next week and how exciting that will be for everyone. He would like to see just a few short words for the shareholders put out that will not steal from whatever event they have planned. Will we get it? I do not know. I will be surprised if there is not a full news release before markets open on Tuesday. Even with the deal consummated with the first tranche they have things they need to do. This is the beginning it is not the end. There is one chance to kick this off right and there are many voices in how that needs to be done, not just ours. Remember there are a lot of entities involved in this deal and they all have their say and work to be done to be ready to present this deal to the world. As Kevin said, he is going to chill, relax, and take a step back so he will be ready for what is soon to come. I am just happy that so many of us have weathered economic uncertainty, and in some case disaster, personal loss and being a lot older than we hoped when we see this deal realized. What we experienced a couple of weeks ago in the markets showed many of us what the possibilities could be especially once the real news hit the newswire. Best to all of you. Get your rest you will need it next week. Kirk