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Wednesday, April 24, 2013 2:19:48 PM
--The LOI was signed by WSA on April 8. http://www.otcmarkets.com/financialReportViewer?symbol=GGCO&id=102994
--On the April 9th, GGCO released a PR that included, "The terms of the Letter of Intent are to be confirmed in a mining rights acquisition agreement schedule to be signed on or before April 20, 2013."
"Perhaps they meant 2014..."
--In one section of the signed LOI," (F) Expediency. All parties would use all reasonable efforts to complete and sign the Purchase Agreement on or before April 16, 2013 and to close the transaction on or before May 1, 2013."
April 16 has passed. Have they signed the Purchase Agreement?
The "reasonable efforts" clause is open to interpretation...
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