according to Dougs letter
In order to proceed forward with the project, Sierra approached 2 third parties who provided project funding for a participatory interest and we have now reached the stage of project submittal for approval. Should this project be approved as expected, the carbon credits available for the project can be forward sold and we are advised the proceeds of such a transaction would result in eight(8) figure proceeds. These proceeds will allow Sierra Gold Corporation to develop and complete a 20,000 acre Kiri project as well as supporting all of Sierra Golds other activities.
We only have a 20000 acre kiri Project.
The complete survey of 42,500 acres has started.
There is still no direct tie to SGCP on the Green Giant venture site.
All they say is they have a 42500 acre project in Sierra Leone.
Although we are all hoping they are one and the same, there has been no direct tie in to us.
Doug states the CC should bring 8 figure income the Green Giant Venture fund is talking about 9 figure income for their Sierra leone 42,500 acre Project.
I am hoping it is the same project as are we all but that has not yet been made clear.
Their are slight discrepancies between Green Giants 42,500 kiri tree Project and ours according to Doug.
- doug said ours is a 20,000 acre kiri Project
- Doug says it will provide 8 figure income
Green Giant says their S L project
- is a 42500 acre kiri project
- projects nine figure income
If these are the same Projects we need one or both companies to clearly say so.
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