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basserdan

08/31/06 12:38 PM

#18230 RE: See Shasta #18228

>>>any thoughts on USGL? I haven't seen anything in the news lately. Is the plan dead to acquire those 4 companies?<<<

Hi See Shasta,
It's good to hear from you...

There has been a dearth of acquisition type news coming out of USGL since they pulled their 'bids' for White Knight and the other NV juniors who were part of their master plan.

As I recall, their PR re the above stated that USGL would reintroduce their 'bids' as soon as the regulatory hurdles that caused the terminations were corrected.

Knowing McEwen's style, I figure he'll be shouting it from the rooftops when he is ready to go shopping again.

In the meantime, I've just put my shares on the back burner.