Regent Ventures Ltd RGVNF

Not quite Curtis

[stocktalk2]

The AAA fund is not investing $100 million into REV, it's agreed to fund the development of McCallans consessions in Polan up to $100 million in traunches, the first being $23 million. It's not unusual for these funds to be time dated, so regardless of the reason for the delay...Germans, exchange or whatever, they have extended the release of funds until July 31. The funds are in place and ready for McCallan. Regents interest by way of the 22% interest gives them the benefit of this agreement, and of course the both McCallan, AAA, and regent hit the jackpot if they expoit the assets of the concessions in Poland within the time frame. That's why these delays are so frustrating. The sooner everybody gets to work the sooner we see the benefits of what most of us believe to be a pretty sweet deal for us as REV shareholders.