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Re: throwitfar post# 32272

Monday, 02/21/2011 3:13:03 PM

Monday, February 21, 2011 3:13:03 PM

Post# of 80983
Who's to say that Medinah/Cerro/Juan won't eventually tire of the JV partner failing to produce the money for whatever reason and restart negotiations with the three previous suitors? The basic agreement is already written. All we should have to do is to get one of them to agree to essentially the same terms. Shouldn't take more than a couple of months to get back to this same stage with a new partner. Once a bidding war starts, the price is never lowered.
The process could be done by publicizing the minimum terms required
and asking for bidders - that would give an immediate stock boost.