Article on Civelli from Vancouver Sun | IOC Message Board Posts


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Msg  6250 of 13357  at  10/6/2010 9:08:34 AM  by

Yates Pool


 In response to msg 6246 by  us2u001
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Re: Article on Civelli from Vancouver Sun

 I've wondered if there was more to that loan than meets the eye.  Perhaps Civelli wanted to accept a deal and Phil didn't. And the 2.5% of Elk/Antelope posted as security was to guarantee that Phil signed off on a deal before the end of the year.
 
I think Civelli and Phil have a genuine conflict of interest.  As a financier, Civelli wants the money.  Having it tied up in PNG means lost opportunity elsewhere.   Phil is an oil man with all his eggs in the PNG basket.


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Replies
Msg # Subject Author Recs Date Posted
6252 Re: Article on Civelli from Vancouver Sun stpioc 2 10/6/2010 10:20:05 AM
6253 Re: Article on Civelli from Vancouver Sun jft310 0 10/6/2010 11:31:45 AM


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