Now that the king is meeting various leaders and dignitaries, one can assume that he is formulating a plan to quell the demonstration, but more than that - his primary objective - to keep his position as secure as possible, for himself and for his descendants.
Politics is after all a game and one of many tools you play that game with is "Negotiations." And as in any negotiation led games, you play to win.
Back in 1990, though the then king was of different stalk than the current king, he did give some and solidified some hands (for the lack of the better word) to preserve his monarchy. Lot of enlightened people thought that the leaders gave in too much back then.
Now, we are coming to the same juncture. There will be talks and there will be negotiations, definitely. The current status quo cannot go on forever. So, at some point, leaders will be called in - either by the palace directly or at the behest of India's special envoy or some other international persona.
So when Girija and his likes do go to meet Gyanendra, it is quite likely that old feudal mindset will set in again. We the common citizens of Nepal might again be duped and sold out by Girija and the so called "netas". That's what I am worried about.