Sandstorm Metals & Energy Ltd STTYF

Donner Foreplay

[Thundersole]

Strange how Donner is the one releasing this news on their own default, they have the cash to not be in default, yet have chosen not to make the payment and then make a news release stating the consequences.

Glencare Xstrata has not made a news release stating that Donner is in default.

This may be orchestrated to allow some transaction/setlement to take place.  Maybe GX will end up with a bigger percentage of the action and Donner will have a smaller stake with smaller cash calls.