Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (30128)	1/18/2007 3:30:49 PM
From: loantech	Respond to of 78424

Reread the NR and made a call. WGDF should close the offering about the 25th. Then put out news it is closed. After that news can flow. They will have the cash from this financing and will still access some $$$ from : Western Goldfields Signs Mandate Letter for up to $105 Million of Project Debt Financing with Investec Bank (UK) Limited 2006-11-30 16:10 ET - News Release Completion of the financing will enable the Company to move forward in its plans to develop the Mesquite Mine in California, with a target production date of April 2008 - Upon completion, funds will be used in part for recently-issued purchase orders for $60.9 million of fleet equipment expected to arrive in mid-2007>>>>>>> WGI/WGDF may not borrow all of this but want to have around 40 million in cash. May be looking at other projects! <G>