crocky, given what we know and what we are seeing here (absolutley no promo or words from Star since the exercise shoe dropped) it appears that some kind of resolution is happening here. Share price rises dramatically on not a word. My thinking is something major is coming here in days or weeks at most. What that may be is anyones' guess but the options are somewhat limited. KM had started the promo campaign with Red Cloud prior to the Rio bombshell on Nov 15, but has not resumed it. The PP was negotiated before the Rio news so they had to go ahead with it and they do need that money just for normal operating costs for next year or so. If any cash calls are made then we are in a whole different ball game and the dilution required will be too horrendous to even contemplate.
Given the way the Rio exercise happened and the recent disclosure by Rio bringing FALCON completely out of the closet so to speak, I suspect we may never see any results nor any FS from Rio.
So, hopefully some kind of deal is imminent here and no further coverage for the moment is required from analysts or media. That, at least appears to be the case. Most of us just want out of this long torture, and it seems to me that is about to happen. We may not like the final outcome but few here will not be relieved. I am still astounded as to why the local press up there in Saskatoon land have not picked up the story which will result in billions in provincial benefits, while the Australian media jumps on it immediately. But if we are on verge of a settlement, I really could not care less. Get it over with as quickly as possible.