A New Pacer Doc. Its about a Relief canyon Mine Auction.

Motion For Sale/Use/Lease of Property under Section 363(b) Motion For Order Approving Sale Procedures with Proposed Order Filed by EDMOND BUDDY MILLER on behalf of FIRSTGOLD CORP. (MILLER, EDMOND) (Entered: 10/13/2010)


Choice quotes:

The following is a summary of the principal terms of the proposed Sale Procedures:3
In order to participate in the auction sale to be held before this Court, by noon prevailing Pacific
Time on November 26, 2010 (the “Bid Deadline”), a bidder must submit a “Qualified Overbid”.

However, the Lenders have no present intention of
purchasing the Property, although their credit bid rights are expressly preserved

By no later than noon prevailing Pacific Time on November 30, 2010, the
Operations Manager, by and through Debtor’s Special Counsel, will notify all Qualified Bidders
of (i) the highest and/or best Qualified Overbid