Curvette350, I am guessing that from your conversation with Elmer that they are already in talks with Mr. X and they are getting ready to finalize a deal soon? From your post are you suggesting that TCK will not take the 75% back in but have already indicated they will do the 40%? If that is indeed the case that would be great news for us! I have long suspected that the 75% back in would be too risky for TCK to take. A deal like this makes perfect sense for all parties concerned. My only hope is we get a ton of cash instead of shares in the new company. Anyways, looking forward to the next few months. Should be exciting times ahead.
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No, this is only my personal thoughts and opinion as to what can be going on (land , port, etc..)
As for you wanting cash well don't be so quick. This new company's IPO would be based on value and have a new share structure, 2 majors involved and would own 60% of Schaft Creek....I can see tons of money poouring into this.