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Re: rbtree post# 18671

Wednesday, 09/14/2011 1:46:15 PM

Wednesday, September 14, 2011 1:46:15 PM

Post# of 60129
I tend to agree.

"After an initial review of the documents we provided,

Quest Capital has confirmed that they are Ready, Willing and Able to provide this Loan which will be Senior Debt and secured by our Project Claims

," said Fred Pucillo, CEO. "After reviewing several alternatives that included the sale of equity and convertible debentures,

the Board decided this Loan would be in the best interest of our shareholders

and provide the funds needed to complete the work outlined in our previously announced NI 43-101 report over the next twelve to 18 months," he concluded.

http://ih.advfn.com/p.php?pid=nmona&article=48058862

Okay, based on the TWO Quoted Statements...Why are we 3-Months later and NO definitive agreement? Instead the company releases today's PR to say: "we paid our fees and taxes" (but we needed a loan to do it) and "we did additional short-term financing" (because we had no Definitive Agreement on the Big Deal we announced 90 Days ago) "so we could pay our fees and taxes".

Ugh.