RKY, I am just speculating, but I think Mr. Guyer is trying to time the whole merger, assay and other bits of information so it can have it's best impact.
Let's assume for a minute or two that the assay results are completed. If part of the merger's objective is to up-list and remove the chill, then that needs to happen FIRST. That would allow the assay results to have the best impact on the PPS.
Right now, the results, viewed by Average Joe the investor, may instill a desire in him to buy CGFIA, but if he goes to the wrong broker he can't buy. That would virtually kill any interest the average guy would have in buying.
Reverse the order, and you have a bigger company, with bigger assets, releasing good assay results about a higher listed company. That becomes a much easier company to invest in.
So, although it may seem like an eternity waiting for the assay results, I am preparing myself to wait until the merger / buyout has occurred before we see the results. The effect on the payout potential is SUBSTANTIALLY higher when it happens in the right order.
JMHO, but it makes a strong logical argument to me.
I don't know any more than anyone else out there, and I am just looking at this from a "what would I do if I had these things to manage" perspective. I want your outlook from the same perspective, knowing your background in project management. Am I just way off base, or am I missing something? I value your opinion.
Opposing and alternative ideas are always welcome for discussion.
Don't take my word for it, Do your own research! Then you will know it's true!