Re: Tantallon/EBF

Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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EB Farnum

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Re: Tantallon/EBF

in response to

Re: Tantallon/EBF

Wanderer5

posted on Aug 28, 2010 09:44PM

Nickel77,

I think you presume too much regarding what bothers me and what does not. I am merely pointing out that IMHO you are overly enthusiastic about LBE’s potential given its debt situation. I won’t however call you a slickster because I respect everyone’s opinion even if I don’t agree with them.

Wanderer,

Thank you for the feedback regarding the loans. At least we now know the loans are of a flexible bridge type. Based on what you say regarding your conversation with Gary I am to understand “the $2.3 million in loans were not paid off”. Right? They will still accrue interest charges but there is flexibility in the payment schedule. Was that so hard?