Silver lake All gold stocks are under pressure right now ,the bankers trying to scare retail investors out of thier gold stocks .Most of the fall in Silver lake share price is related to this .
If they end up closing the Harte transaction and taking over the mine ,quite a lot of cash will be required ,and it will take time to get this mine into profitable territory ,so any impact on Silver lakes bottom line will be a couple of years in the future .
The fact that the POG is under pressure and nearly all mining stock prices are being forced down makes it less likely that someone else will step up .Silver lake has large cash reserves which accumulate every month so they can easily do it.
I agree with a previous poster ,the deal is done its just a matter of putting the legal paperwork together and getting it signed .That is the main conclusion from a very short extension of the terms of the loan .
All will be revealed soon .
If Silver lake is successful the best chance of recouping losses in Harte will be to buy Silver lake shares ,it is a good miner ,throwing off cash and cheap right now as are many miners.