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Realizing that Argonaut-Madrone would rather liquidate than throw good money after bad, Energy eventually gave in.
WSJ: Review & Outlook: The Solyndra Memorial Tax Break
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Argonaut and Madrone could walk away in part because they had so little skin in the game.
WSJ: Review & Outlook: The Solyndra Memorial Tax Break
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Also starring is tenor Giuseppe Filianoti as Jason, the famous Argonaut who fathered Medea's ill-fated sons.
NPR: Motherhood and Murder: Cherubini's 'Medea'
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But under the Energy term sheet, those warrants would then bounce back to the Argonaut-Madrone holding company if Solyndra became defunct.
WSJ: Review & Outlook: The Solyndra Memorial Tax Break
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"The DOE really thinks politically before it thinks economically, " Steve Mitchell, an Argonaut managing director, wrote to Mr. Kaiser on December 7, 2010.
WSJ: Review & Outlook: The Solyndra Memorial Tax Break
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That gave Argonaut-Madrone 99.9% control of the net operating losses.
WSJ: Review & Outlook: The Solyndra Memorial Tax Break
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Among the largest underlying components of GDXJ, in trading today B2Gold Corp ( Toronto: BTO) is off about 0.3%, Torex Gold Resources Inc ( Toronto: TXG) is down about 0.5%, and Argonaut Gold Inc ( Toronto: AR) is lower by about 0.5%.
FORBES: Noteworthy ETF Inflows: GDXJ, BTO, TXG, AR