Private PlacementSo the companies are trying to decide on how much to buy, so management left it open. Calida results will be released later. In other words the gold dissolved and was washed away? You wonder why the private placement did not close. Anyone looking to invest would want to know what the real story is. The news release will be that the results show that Calida is not viable and management has chosen to focus on Cumo. 600K is about 3 months of expenses, not to mention the interest payments on the silver streaming and land payments. Nothing on IEMR, that will be settled in IEMR favor and shareholders will not be told until it is released from the courts, right before the bankruptcy.