"Strange too is that a private company is behind the financing here. Is there a connection? Remember that bonanza grade hole we were building the ramp to....apparently they never got there? Why did they stop only meters away? There was to be enough gold there to pay the full cost of the ramp....Will this fall into the hands of some private investors; where there will be no reporting requirements....so we will never know what happened to all that gold."
A 35MM$ private debt financing for a not yet proven resource + a 3,25MM$ interim loan involving actual shareholders of the junior Offeror...! There is certainly something that is known as a sure bet for someone up there... The resources market is starving to death these days, and we have private bodies who are ready to trow cold cash on the table! Can't wait to hear EAG reaction... GLTA.