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Re: Checkit90057 post# 35076

Tuesday, 03/03/2015 10:33:07 PM

Tuesday, March 03, 2015 10:33:07 PM

Post# of 54709
First Nevada is not publicly traded. It is only 45% owned by Equitorial Exploration (EXX) which is indeed traded on the TSX. However, they don't seem to think this deal with Keystone is important enough to bother with a PR or anything on their website: http://equitorial.ca/news. TSX companies have their business operations actually reviewed by mining professionals, so it does not behoove them to get wrapped up in scammy outfits.

I suspect they are aware of it (or they should be, by now), but want nothing to do with it directly. Way too flaky (translation: it's a scam).

BTW, I don't recall saying that Equitorial was fake.

One thing of interest in the contract....First Nevada is responsible for any tailings that are generated. I find that to be a really dumb move on their part. They should have insisted that Panos or Joel be responsible for the tailings.