GREY:COLUF - Post by User
Post by
JoeKoolon Oct 06, 2009 8:46am
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Post# 16365323
POG Closing in...
POG Closing in...on all time high!! VEN had a very nice drill intercept but it's nothing like our last drill result. As for the bought deal financing, maybe another poster with more knowledge of these things can shed some light for me. Does a 'bought' deal mean the 3 houses mentioned agreed to buy the whole amount right then and there and then sell it to their clients as opposed to a regular PP where they announce it and then go looking for parties to take it up? If so, like another poster said, wouldn't the bought deal be done already and why wait until October 22 or say we have to wait until then for closing?