Mensa Mining Corp (EQBM)

[MSEED]

PR 6/09 stated CEO to Switzerland to finalize JV
Jim Adams, company director stated that the CEO will be in Switzerland next week to meet with Swiss bankers to finalize JV agreement, likely for the Dalian mining project in China, and others.

Because Swiss banks have direct access to the Frankfurt Exchange as brokers, it is likely EQBM wants to JV with one of them to show strength to the European investors who are now in EQBM, and the exposure of the Frankfurt Exchange. I would think its a matter of choosing the strongest JV partner from these Swiss banks this next week and proceed.

Since March, the company has done exactly what its PR's are saying. Got on the Frankfurt exchange immediately, has completed the purchase of the Bonanza property (Red Lake mining camp) in Ontario, has MOU for the Dalian mining project in China. I like the idea of bringing in JV partners to participate versus dilution/issuance of more shares, which hurts us shareholders in the long run.

To see a pinkie actually do what its PR's say its going to do is amazing in itself.

As always, do your own due diligence as this is just opinion

Best Regards