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Re: Montanore post# 39533

Thursday, 04/17/2014 3:12:41 PM

Thursday, April 17, 2014 3:12:41 PM

Post# of 48039
That was stated as of December 31, 2013. But again they have stated that production has increased since then. The losses were prior to the increase in production.

The joint venture gets 50% of the profits not revenue. Revenue is used to pay the bills and expand the operations by acquiring additional equipment and such.