Garick- I don't know why you thought someone else wrote the press release. There is some new information, but the PR itself seems to be the usual weasel-worded lack of specifics, and as usual most of it was what they plan to do, not what they have done. As I said in my previous post, it looks promising and confirms what many had heard, but until the papers are inked and the cash is flowing this is just another "this is what we are going to do" PR. We've had too many of those that didn't pan out. I'm sure there are those who think that this one is more solid than the others, and I hope they are right. It's been way too long.

Assuming everything works out, the real questions remaining are mainly about financing. How did GHDC finance this acquisition? As I mentioned earlier, GHDC is at its authorized limit as far as issuing shares, and they certainly didn't have the cash to buy anything. What I suspect may have happened is that the gaming operation was in the market for a shell corporation, and rather than buy an empty one and bring it up to reporting status (not always easy or liability free), they decided to fold into GHDC, an angoing reporting company. I wouldn't be surprised if the agreement somehow keeps the mining and gambling revenue separate, and maybe funnels some of the gambling revenue elsewhere. Might explain the rumors of a very voluminous agreement. Doesn't matter to me, as long as in return the mining segment gets fully funded and the mining revenues stay w/ GHDC.

I'm also assuming that the GHDC and SFMI deals are somehow connected. Too many concidences otherwise. But if the only sticking point in the funding of SFMI is the verification of gold in the ore, then there should be no problem. I just hope it happens soon. Once again, the wording is unclear though. The PR mentions an "IMMEDIATE interest in arranging financing", but that is very different from an "interest in arranging IMMEDIATE financing". And as with GHDC, the real question remaining will be the terms of any financing. Will it be shares, or a straight loan w/ reasonable interest, or a takeoff agreement for discount gold? Note that the PR mentions financing for the leach system in two different places and presumably from two different sources. AS may be left out in the cold if the bigger deal goes through. And I sure hope the indication of change in management is true.

One other thing to note: The GHDC meeting may be held in Florida to save on "traveling costs". Seems to me the only way this is true is if, as dcbass pointed out, there are lots of attendees from South America. Caipirinhas, anyone?

So. lots of speculation on my part. Comments? We finally have something to discuss...