GREY:CUDBF - Post by User
Comment by
Hockeynut2on Sep 09, 2014 9:19pm
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Post# 22921656
RE:RE:What have I missed
RE:RE:What have I missedYea I see that. I do believe that KMDC is committed and have bargained in good faith. I also believe that they intend to live up to the deal they signed. I also believe that if they get turned down they may look elsewhere for the financing. The only part I have a hard time with is the financial department of the Korean government. The financial department denied KMDC on their first deal and now the financial department has caused a delay on KMDC's second attempt at making a deal. Hence the turbulence in the stock price and general distrust of the market as a whole. I think everyone wishes that POP had made a deal with people who already had the money in the bank ready to invest, instead of someone who's still waiting for their mortgage to be approved so to speak. When you sign a deal to sell your house, you expect that the people who signed to buy it, have already got the financing in place. GLTA