To: tyc:> who wrote (60565 ) 7/26/2008 3:08:41 AM From: marcos Read Replies (2) | Respond to trx.v - just today got the bumpf for the special meeting 8 august, page 9 the header is THE TRANSACTIONS, then it runs on and on with terms and conditions and covenants to page 23, real scarey stuff, made my brain hurt in about four minutes, and it all seems to slant in Goldcorp's favour, except for the forty millions to Terrane, which is something and gets them started i guess, plus there is the Converted Interest which leaves trx cleaner and simpler without that preferred share business hanging over it ... but, turns out it's all fine and dandy, page 40 Paradigm Capital Inc says it's fair, so that's good, i just don't wanna read one of these every day, don't know anybody who does ... maybe it's seen as complex, possibly iffy as well, though it looks pretty locked up to me, maybe others wonder, and when it's a done deal that uncertainty will be removed ... such is life in a development play, it's a process of making solid and sure all the nebulous quandaries that come with making a mine, one step at a time ... might seem like hell at the time, but it's far better than holding an operating mine after paying full operational premium for the share
