Interesting to read Superb Summits financial account. Very small turnover in proportion to the debt that SHK must now have. Both SHK and Super Summit are just shell companies in my book. Still digging to work out exactly who the end owner is in this situation. Note in the financial statements that there was what I think is a new line regarding waiting on recent exploration results in relation to cancelling the deal and going into an exclusivity arrangement. Hard to read as to whether that is in regard to CRE or SHK. Bernanke may well just force their hand here. Regardless, they have 4 months of exclusivity remaining and the clock is ticking.
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