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ValuePro

02/08/11 4:33 PM

#48094 RE: newuser #48091

"Any CEO/CFO of a public company worth his salt would never let a deal go forward without it actually being signed/sealed/filed as it sends all the wrong signals to the market, otherwise known as the owners of the company. Us. Legitimate, recognized deals are signed contracts. Period."

Not period. It happens all the time. In fact, here's an example from yesterday, announcing intentions to enter a binding letter of agreement by February 14 for the acquisition of another company's assets subject to satisfactory findings by the acquiring company.

http://finance.yahoo.com/news/Selwyn-Acquires-ScoZinc-ccn-3147153217.html?x=0&.v=1

So, get real, will ya'.

VP in AZ

Oh, and why would NDM want to conclude a deal when they are still awaiting the latest ruling on a tree huger law suit? Answer: They wouldn't. PERIOD!

Dreamchaser

02/08/11 5:34 PM

#48103 RE: newuser #48091

You have no idea how option earn-in agreements work.

Crystalballz

02/08/11 7:18 PM

#48112 RE: newuser #48091

agreed, nothing but impossible to reach gold slum land being leased out... if this was as solid as i thought it was last year there should have been dry ink by now. So he found a rock and held it up to the camera !WOW! I have rocks I can share too Briscoe.