Ann: SLR: Silver Lake Extends Egan Street Takeover Offer, page-4

Unfortunately they can drag it out a year. Maybe they are just trying to PO the shareholders enough that we vote out the board and so have us pay them the $500K. Alternatively, they might be doing the right thing and allowing the EGA shareholders to take back their shares so they can sell them to another party.

The one unusual factor here that makes me think they might be doing the right thing is they announced today they are developing their Santa underground mine and they only extended the offer by a little over the one month minimum that would allow the EGA shareholders to take back their shares. Could be good news.