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Re: trandernine post# 5723

Thursday, 04/25/2013 11:24:59 AM

Thursday, April 25, 2013 11:24:59 AM

Post# of 14330
>>all these gryphon, fire river went through same sale motion/bidding procedures/auction as RodeoCreek & affiliates did?
If so, holly molly this is going to huge

No, Waterton originally loaned them money on unserviceable terms - and those JV arrangements are almost the end result of a 'loan to own' program. If you think Waterton is here to bail you out - you are going to be very sadly mistaken in the very near future. :)

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