To: Bohdan and All,
Just got back from the meeting, and I will give you the
main points, Chad should be home tonigth and will fill a more detail report.Is a better writer.
Rick and Marck left for Uganda and Angola and will be back
on the 11 so we should have some news by the 12 on the YT property, on the extention, time price etc,.
Also did we have some new properties, some where else.
Mi understanding is that we lost the barge, because STS did not
paid the balance.
As you know we nominated Cecil from the flour and passed with
no problems.
STS will do a PP for shareholders, but it appears to be complicated, and is up in the air, they are trying everithing else first.
In My opinion I do not see crooks, but I see some big mistakes
by management, and they are, again in My opinion trying to correct
them. After some good debate with them it appears that they are willing to do everithing that they can to salvage the deal.
Again everything is not lost, but I wish this will not have appen.
The information we will have on the 12, will be decisif on
my decision of staying or not with STS.
Again this is only My opinion.
Sincerely,Michel |
