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Re: twilko post# 9322

Monday, 08/10/2009 10:09:25 PM

Monday, August 10, 2009 10:09:25 PM

Post# of 23909
Let's keep him focused on this one first and then bring in the ocean. New project work, New company, Significant Equity OWNERSHIP.

Mining Technical Services sales declined, but are expected to increase in the second half as a result of new project work. This division is working with outside investors to form a new gold and minerals exploration company which will contract with the division for management and technical services. The division is expected to receive a significant equity ownership in the new company. Details will be announced in a subsequent press release.


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