Post by
Winwarrior on Oct 01, 2016 7:12am
Progress is being made
Reached out to GCO this week to see what I might learn. Reports are that steady progress is being made. There is strong possibility we will start to trade in October. Now with these guys I have learned that their definition and mine of speed and progress is very different but the tone of the message seemed quite positive and energetic. I guess we will see.
Of greatest interest to us all is the status of Karakul and whether our ownership will be recognized. No question in my mind that EC really fcuked this up when getting agreements in place. I still can not figure out who would have given GCO any investment money without first confirming that their right to own Karakul once conditions were met was undeniable. Did no one bother to confirm this in the beginning? What a freakin mess lack of due diligence and poor management caused.
Comment by
Winwarrior on Oct 02, 2016 9:40am
Anyhow Rocket as these last three articles suggest things were / are complicated but I do want to feel optimistic that for the main players involved there is an urgency to get things moving forward and so hopefully the pie is large enough for all of us to participate and make some money. I guess time will tell.