"It explains a lot, including Dick's need to be in the lead. Whether he gets the best deal or not waits to be seen."

Good point bobert, Connacher always has been in the forefront with business decisions, for example partially shutting down GD production. Connacher was one of the first to forsee potential calamity due to market conditions and take proactive action. I give them a great deal of credit for their forward thinking. In hindsight some decisions could have been better, but nobody has a crystal ball. They protected the company from potentially even more adverse conditions. He made no secret of the position we were in, asset protection mode.

I hope I didn't come across negatively regarding the new financing endeavor. It's just that the market is very fickle in these days of Internet trading, and I guessed traders (not investors) would panic. If the financing goes through, and market conditions support advancement of Algar, I will be a very happy camper.

-bbq