RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Golden Probably To add a more optimistic note, neither the permit application nor the reference to "continued targeted future drilling and exploration programs." are necessarily inconsistent with the idea of a buyout in the near future.
As far as Roger deleting post is concerned, he may have done that under advice from legal counsel for all sorts of reasons.
Whoever buys LME will want to continue exploration work and the application for a permit may be one of many actions that are being undertaken in conjunction with the intended buyer.
If someone does not think a buyout is imminent, I would like them to give me their theory as to why we have a record date that is almost 6 weeks before AGM I don't think that is the norm.
The only significance of record date here is in connection with ability to vote-LME is not paying any dividends.
The only thing that would be voted on would be a buy-out.
My theory is that something is going to be released during next couple of weeks that will cause price to jump so much that they fear that some shareholders in "friends and family" group may sell significant amounts before the AGM, and they want to make sure that they have the requisite votes locked-up in relation to buy-out and possible corporate steps entailed-I think in certain cases, they need 90%. It may also be something that was done at request of buyer to make sure that when they reach agreement they know that nothing can happen to upset that.
Again, I may be all wet, but I would be curious to read an alternate theory for the August 19 record date.