GSFC OfftakeMr. Brown,
What happens to the GSFC offtake agreement if the proposed financing falls thru?
I fail to see how GSFC would be a happy customer to purchase from KRN if GSFC is chased down the road with their 1 Billion CDN.
KRN has a great product, unavailable to sell until a mine is built, the big players are sitting back and waiting for the KRN treasury to run out. The only reason I still hold this stock is that I believe in the product, there is great potential. Business decisions have to be made, negotiating is a give and take.
I am starting to see a board of 3 friends on one side and 3 GSFC officials on the other, this can't make for easy negotiations, its time to get this done.
As a concerned shareholder we need to be realistic, it will get nasty, I have fears this will be a penny stock without some financing. The market is waiting for a financing deal, plain and simple.
Just my thoughts