I think the shares were negotiated for the shareholders of DEI so that it gives us the chance to either sell them freely or hold for future gains. Maybe it is a gesture on behalf of management to mend fences with some shareholders?? Who knows. For Management to take shares in this deal of CQE just shows the confidence they have in CQE. Colbourne and Scalf have a history of making money together for their shareholders so I will wait this out and see where it goes from here.
Now the tables are turned, because they did not address the cash, I think they will JV with their current partner who does have cash, question is....When do they plan on using it?