posted on
Oct 02, 2009 10:18AM

In Chapter 7 BK

Message: Re: and So
The CTO was apparently placed because FG was in default of Financials etc....that's somewhat of a relief.
I would have expected FGD to be downlisted to the Venture by now....
...and I find it odd that it is still trading on the OTC...the Pinks.
Delays on the Financing/JV are not unexpected as well....I would hope that the US (and Canada) are a bit reluctant to sell off their Natural resources to foreign interests during this time of weakness....but having said that....I sure hope the deal goes thru.
JMO
Red
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