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Re: Hurricane_Rick post# 60922

Wednesday, 01/08/2014 12:42:23 PM

Wednesday, January 08, 2014 12:42:23 PM

Post# of 80983
things are all set in motion!



We are entering into the multi stepped closure phase, and the market is reflecting it. We have many, many steps to go before going into the "final stages" of money transfer. Like decosta says, the lawyers are doing a lot of heavy scrutinizing, making sure that no party gets screwed in a contract that could span the mine life of 20-30 years. This deal is so huge, we are clearly months away from final stages of money transfer. Heck, the company hasn't even mentioned a word of money yet.

Consider it another gift to the longs,as the inherent delays of signing a contract for a mine of 20-30 years will toll heavy on the PPS.