Thursday, May 27, 2010 11:23:52 AM
Personally I am sure a j/v is coming”……………” Vale Inco has done an aero magnetic flyover of the entire piece they own and over the Lucky as well. (They fly in 100 meter grid patterns and will not move off course because someone owns a little piece in the middle of their huge massive holding there.”……. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45948853 …..”Obvioulsy the added copper outcroppings on surface means that the property is a high value target, with Vale Inco doing the area play last Dec you know they want the whole piece.
So we can assume that Vale Inco will provide the money to develop the property and will probably be the operator as well. The question is what are the up front terms, yearly payouts and more important what are the smelter fees that will keep Kat in the catbird seat for the nexct 20 years.”…………….. PS: Daubloom Is a Minning God…..ask Godsend!..........
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