Tuesday, March 08, 2011 5:29:45 AM
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Plateau Mineral Development, Inc. ("Plateau Metals") (Pinksheets:PMDP - News) announced it executed a Formal Financial Guarantee and Commitment for $60,000,000. This financial guarantee is backed by cash and cash-equivalents on custodial deposit with Deutsche Bank and the Company's Investment Banker partners.
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I have intentionally highlighted multi-meaning words.
1. FORMAL (adjective) - The adjective FORMAL has 6 senses:
http://www.audioenglish.net/dictionary/formal.htm
2. When you work with Bank partners it is a completely different case. We don't know what was percentage for Deutsch Bank and for partners.
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Now, just think logically. When company ensure you to keep O/S on the same level and later shows you multiplication......... etc.
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