Cibolan Gold Corp. (fka CIBG)

[clegg]

It bothers me that we have not had an update since the target date for the closing of the deal which was the end of April. It also bothers me that without adding assets there is little or no value to GNMT after the Independence is gone. As the deal stands GNMT will own 64% of OPG shares. Shareholders are supposed to recieve 90% of those shares within 20 months of the closing of the transaction which actually equates to 57.6% of total shares. Am I right in assuming (I hate that word) that assets are going to somehow be acquired for GNMT with the 10% of shares not distributed to us? We need to know what assets and where's the money coming from to acquire them. I will readily admit that I am no expert at this stuff and this may or may not be a good deal but I've got questions.