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Re: nedski post# 74003

Tuesday, 07/19/2011 11:55:18 AM

Tuesday, July 19, 2011 11:55:18 AM

Post# of 155603
Land Acqusitions of over 15,000 acres. Has been PR'd for each conncession realized. The NI43-101 have been done on the surrounding areas as well as preliminaries done on said acquisitions. They are all in line with ppm quantities of Lithium, Potassium, and Boron as the other area being mined by Rockwood Holdings/Chemitall.

The acquisition value is aproximately $30,000 depending on ppm values on each.

15,000 x 30,000 = $450,000,000

The company expects to finish its acquisitons with over 31,000 acres.

31,000 x 30,000 = $930,000,000

Hope this helps
TBS04

psssst It's in the PR's and 10Q's and 10K's




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