NMGL intends to purchase 100% ownership of Bouse Gold, Inc. and South Copperstone, Inc. This is imperative if they are to sell these Gold assets for cash going forward. NMGL has not however provided us with any timeframe as to when they intend to acquire the additional shares of Bouse Gold, Inc. and South Copperstone, Inc. and NMGL will clearly continue to follow their own business plan and will only complete all of these transactions as and when it fits into their own business plan. This NMGL policy very clearly extends as well to their purchasing shares from historic stockholders from 2005 who received shares of Bouse Gold, Inc. and of South Copperstone, Inc.
That's like saying that if a $100 bill is by your feet, you would have an indeterminate timeframe as to when your business plan calls for you to bend over and pick it up.
I doubt the other owners were/are facing a possible bankruptcy as FFGO was and need loans to keep afloat as FFGO did. They may be waiting for a higher price. They may not accept NMGL A&B's that have an indeterminate timeframe as to when they can be redeemed. I would be pretty sure FFGO has not been able to redeem theirs.
I doubt any "long longs" from 2005 bouse and S. copperstone shareholders have been bought out. If I were Rocketman I would be a little concerned that I have not been bought out yet. You should have received NMGL A&B's or something by now also.
AI
