JV partners must have confidence in the property As of yet, no one else has the confidence
Vale is an option agreement they can step out of at anytime They cancelled most of their claims on Bonivista They Gave Cornerstone a 40-60 option, but drilling there turned up Nada
Katx got 20/80, which is better than nothing Vale has spent 17k todate Cornerstone Passed over RR and Lucky
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