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Re: pkp544 post# 62313

Monday, 06/14/2010 2:18:18 PM

Monday, June 14, 2010 2:18:18 PM

Post# of 233166
Yea some people simply don't get it here and think that we, a company with no money, is some how in a position to simply sign 50/50 JV deals on properties that would cost 50 or 100 million in expenses to mine.

We pay for nothing in this deal and will earn 20%, which is not only a great deal, but will give us the captial needed to sign far better deals on other properties.

You can't do 50/50 deals if you can't put up anywhere close to the 50 % mark.



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