Ramako
Moderator
This is a very big project for a very timid company. I don't think it’s a coincidence that the recent delay comes at the same time as the recent financial fiasco in the U.S.
Clearly they are on a "wait and see" footing and for GG that could easily last until fall or longer.
I don't think that there's any correlation considering that this supposed delay began before the recent market turmoil. Perhaps the answer is just as simple as the construction permit having not yet been issued. Crazy, I know...
I also want to point out that GG is not a timid company. If it were, it wouldn't have started sales on X2 at the height of the recession. In fact, that was the project that lit the fuse for the post-crash rebirth in the condo market.