RE:Summary of phone call with Phil BerthelotNewrookie,
In my previous reply I forgot one point. You said: "Aem (5M) and european investors are still intereted for a PP."
- First, which PP are we talking about, AEM would participate in any PP arranged by anyside in the future, and you were not referring to the so-called $20M Financing arranged by EO?
- Second, If 5M is $5M then AEM share is a large percentage $5M/$20M = 25% which is unusually large piece of the pie for one group, even for AEM. If it's means shares, i.e. 5M shares then ot would be too small a slice of the pie (5M/300M shares = 1.6%). Could you elaborate?
- Third and last, what about the European investors. Is their interest at the same level as AEM, or much smaller?
Cheers,
GH
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Newrookie wrote: Yesterday, I had an appointment call with Phil, the vp of exploration in val d'or. First, he speaks french, for the quebec investors who needs information. I prepared a couples questions for him. He's very neutral. I never feel at any moment that he was suggesting me to vote for a side or another. So here's the summary: Drill resulst from the missing hole from.the summer drill program are still pending. The have'nt been sent to the lab yet. 6500 samples are pending. NI-43 shoud be fill the week or before july 24 Aem (5M) and european investors are still intereted for a PP. No rollback in the plans for now ( they need a spectacular news realese to support the rollback and it's not the case right now). They know pretty well that the share price is gonna collapse right after. Manitoba property ( non-core assets) worth at least 7-8 millions $$ each They could accelerate the deal with Probe for the cadillac break to get money to drill. ImG and teck will not manifest publicly their support to any side. If there's a fire sale from theboard, sharrholders will have the final word. It's gonna require another vote.