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es1

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Alias Born 07/13/2009

es1

Re: All-Bidness post# 37984

Friday, 03/10/2017 1:07:02 PM

Friday, March 10, 2017 1:07:02 PM

Post# of 112121
Actually they have not completed anything.
The company recieved nothing in return for the option.
Technically they still own shining tree so no transaction has been done.

Now if that Canadian version of a stinky pink can produce an actual 43-101 with a resource then they will get paid something.

But optioning off an asset that isn't truly owned and running a business are 2 different things.
They don't own the asset. They own a mining claim allowing them to work the asset.
You don't need a business to make a mining claim or sell the option to work it.