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Re: LCLiving post# 1898

Thursday, 06/15/2006 3:06:56 PM

Thursday, June 15, 2006 3:06:56 PM

Post# of 38584
Read it carefully. The way I read it is the financing includes engineering and drilling exploration only on existing and new acquisitions. Doesn't say it covers acqusition costs of new properties; only engineering and drilling exploration costs.


"'Financing for operations has been agreed upon to include engineering and drilling exploration on existing sites and new ones as we acquire new properties,' said Jim Adams, Director of Equitable Mining Corp. These capital outlay funds are being arranged project by project."


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