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Re: None

Sunday, 09/30/2007 5:51:04 AM

Sunday, September 30, 2007 5:51:04 AM

Post# of 80983
Sounds like there are 3 type of offers. I wonder which company is offering which:

1) Joint Venture (JV)
2) Sale
3) Production Holding deal

"Company Management has been negotiating a Joint Venture (JV)/Sale/Production Holding deal specific to the Alto de Lipangue property with a long list of major mining companies."

"Management has researched the best strategy regarding the tax treatment of each of the proposed final transactions."

"Taxes for production, production JV or outright sales are complex and treated differently."