The Company’s primary mining property asset is the Mineral Ridge mine, located in Nevada. Management’s near-term goal is to develop a feasibility plan and obtain financing through a joint venture or sale of all or part of its interest in the mine based on the potential for profitable production of gold and silver at Mineral Ridge.
Thus, it is beyond rumor, anything is possible when a company has to consider all options, in an economic winter. The buzzards have been circling since November, really nothing new to consider selling MR.