RE:Glennfleamarket wrote:
Probably thought he would of have closed the EGX deal by that time and had the cash to do it. Guess not... we are not the only ones hurting by delays.
That was exactly my thought. His delays in payment/buyout coincides with our MET test start, release and the PP for the upcoming PEA. So basically, the "delays". I am glad though that EGX is self sufficient in that the actual work has been done already. There are two sides to the coin though. I am sure Laing could come up with 17 million if he really wanted to. I am just grasping at straws here.... So could it be that the buyout of EGX is not just around the corner and he has no money or is the buyout happening and he has enough money to buy a better mine than low valued resources like Zinc and Lead? He made 2 payments of $500,000 to have them hold the pending sale for Scotian only to have it fall through the cracks.... How is an investor to take this kind of action by Laing? He's like a monkey trying to F*** a football.... hes just all over the place.