RE: RE: RE: lol Bashers A Plenty the more i think about this - in order to sell california to batista gwy needs to actually own the claims. what if drill results have to be withheld so gwy can negotiate (or renegotiate) the purchase of the claims without interference or complications. think about it. the original deal was to pay landowners by using a formula based upon an initial 43-101 resource. gwy was to receive 80% of the claims, landowners left with remaing 20%. what if in order to REnegotiate gwy can't have further drill results floating around, nor a 43-101 resource. it may adversely affect negotiations with the land owners. in the quest for silence they have stopped releasing everything, including vetas.
next thought - now how is gwy going to structure the purchase of the claims, and how easy has it been to conduct the REnegotiations with all of the landowners, and then get titles transferred via the not so effcient colombian government agency responsible. add the need to raise some financing (maybe not an equity issue) and we've got more time required.
gwy could actually have a deal in place to sell california however it requires the final and complete transfers of the claims - and possible full payment - of all of the properties. throw in a few reluctant or hard bargaining landowners and a delay of this magnitude is well within the realm of possibility.
at the same time the delay works in gwy's favour as the company gets to keep adding ounces to the initial resource estimate.
give all of this to the exchange and they are likely to let you delay releasing assays and a 43-101. at least for reasonable amount of time to try and complete everything.
just a theory but makes sense.