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Thursday, June 14, 2012 1:40:44 PM
When next week comes and no announcements are made, then of course there is always the backsliding that goes on.
The reason(s) for no announcement is: Fill in the blanks...
1. Because the partners control the announcement, they will announce when they are ready to announce.
2. The mining expo is in April and it will be announced there with media, bla, bla, bla.
3. The beginning of the quarter announcement is best.
4. There are a few claims that need perfecting.
5. JJ needs to fly to NY
6. If JJ was not at the shareholders meeting, it would have been signed.
7. They (the partners) needed to float a bond to raise the funds.
Greg came back with his trip notes. Among the notes was his allusion to a call to the buyer's attorney who said the funds were there and will be forthcoming soon.
Your head will spin with all the concocted excuses for not closing the deal.
So, now we have rumors again that the deal is done and it will be announced and funded this week, wait maybe next week, wait, maybe when the mining expo takes place in China, or VC or Denver, or I don't know, just pick an excuse. It's bound to be as good as any other.
Yes. I do want to be wrong. But it's not looking good!
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