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Re: Stream205 post# 667

Monday, 07/25/2011 3:26:11 PM

Monday, July 25, 2011 3:26:11 PM

Post# of 913
GT, you speak as if her ouster was a done deal. It's not.

Moreover, GWMG and Rareco have a profit sharing agreement with the locals--26% if i remember correctly. That sounds quite fair....

Also, Steenkampskraft mine will only supply a small part of GWMG's profits, so even if Rareco were to up their rev. sharing agreement with locals, it wouldn't put a huge dent in GWMG's very profitable earnings going forward....

Have you seen the breakdown on some of those financial projections by wwwater over at Stockhouse.com v.GWG board?



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