RE:RE:RE:Friend of a friend rumours???I don't agree with that at all NoRealPlan.
I am sure that a deal with a price has already been made.
The impact of the gold price is on the price paid per GEO, which would be one element in the pricing.
The gold will be extracted over many years, so the gold price that would be factored into the price per GEO would have to be based on an EXPECTATION of the average future price over many years, not what the spot price is. I think that sophisticated buyers have an expecation of high future price based on many factors, and I don't think that they are holding up a deal waiting for a rise.
The would not have paid $250K to retain USCG and formed a Special Committee which is clearly focused on a BO via Plan of Arrangement if they were not "good to go".