RE: RE: RE: KNB wiltingHighly unlikely with the court case pending GER would manufacture this kind of news imo....however unbelievable, and trust me, I am completely amazed with by this development. So the question becomes repayment and satisfying the conditions of the financing and to that end the amount of DD and investment that GER has completed on KNB would make the pursuit of the El Valle project more of a priority than the GER news release would infer. If ORV is serious about acquiring this project they should act fast to improve the offer and secure as much support from shareholders with their pending tender. At 0.75 - this should go a long way to garner the support they need and close the deal without providing GER an opportunity to enter the fray. An all cash offer by both companies (highly unlikely) would probably give ORV an advantage with shares trading around 0.70 being added currency when negotiating the final value. So ORV would be wise to act if they are serious about this acquisition. I have stated before highly unlikely they were expecting to obtain the support they need with the 0.55 offer - as most agree - even though it was a respectable premium to the market value most shares are even or underwater at that level which is little incentive to tender....at 0.75 however this would bring some warrant holder support and likely be close to the support they need to secure El Valle. A GER cash/share offer would be the strangest takeover I have seen in a long time...if ever....ORV on the other hand would not be so abnormal in that scenerio. Time to pony up if they plan on taking this for a ride imo....first to act has the advantage now that there is another player imo.