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Message: Comments on latest news release

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Re: Comments on latest news release

posted on Mar 10, 08 05:34PM
The market has rendered its verdict. SAU share price has for all intents and purposes not moved. I figure SAU will now be able to JV with another player with deeper pockets. After all they now have the rights to the property confirmed and are negotiating for 75 to 80%. My guess is that they will get a better JV deal this time around. As far as Amari goes I figure their cash was tied up in the sub prime fiasco hence the extensions. As I see it and from the price non movement since the announcement Amari being out is a non event. Better news to come  I expect.  

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