RE: RE: RE: RE: Korean CEO of Sangdong Mining Dism If you follow my thinking in my last post, you can see how significant the paying back the $5 mil. is.
Essentially, the loan term was like IMC having one hand on the table negotiating all the while having the other hand under the table squeezing Brians b a l l s.
We pay the loan back and the tables have turned 180. Basically, we can walk and the fact that we could, will be a real test of IMC's resolve in reaching an agreement.
I think what's going to happen is that first, an annoucement that the Debenture has closed successfully, followed by an announcement that the $5 mil. has been paid back. I fully expect that in this news release, a statement will include something about whether the negotiations with IMC are dead or on-going. JMHO