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Re: jim6103 post# 11234

Saturday, 04/05/2008 4:04:41 PM

Saturday, April 05, 2008 4:04:41 PM

Post# of 165854
ck_0311 ....Just a correction to my post. I checked and SRSR does own the land. They will be paying out in excess of $27 million bucks over the life of the mine and that works out to a price of $14,400+ dollars per acre. I hardly think that is cheap for northern wilderness acreage - no electricity or roads....Cheers...Jim

PS The owners get $348,000 in cash also before the mining begins.