SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: ge-believer who wrote (23422)6/17/2001 9:21:28 PM
From: Douglas Lapp  Respond to of 34075
 
"In our case, a public deadline would allow anyone TT is now negotiating with to simply stall until that date, confident that the company could not continue to pursue a better deal."

If TT decides to set a deadline then he must stick to it and anyone that does not invest is outta luck.
He HAS to have a deadline to force the issue for the balance of funding.We must be in production by the rainy season coming up, 3 million plant regardless, unless of course it is no longer profitable.

Dgl



To: ge-believer who wrote (23422)6/17/2001 11:36:07 PM
From: Jon Matz  Respond to of 34075
 
The company has never been farther from bankrptcy in the three years that I have followed it.

Keith, if you have proof of that in the form of a binding contract that's one thing. All I have to go on is the now rare rumour of Kevins "good intentions" without any details and a steady stream of financial statements that practically scream we are broke, we have no assurance of further financing, we may go out of business tomorrow!

As Douglas pointed out, if someone wants more than the principals are willing to give, it is their problem. That is if we have enough money to go forward. Is it Kevin that is holding out for more? Has he signed a contract? Is the money in escrow?

Inquiring minds want to know, at least mine does, Jon.

PS: This questioning must be frustrating for you. Surely your ability to speak on Kevins and/or MYNG's behalf is limited. I don't want to make you mad, I just want to know. If you can't say, it's okay with me.