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Re: mappo post# 160523

Sunday, 07/31/2011 7:19:24 PM

Sunday, July 31, 2011 7:19:24 PM

Post# of 233828
Sure Mappo,,,

Usafa is good, respect...

Looks like Usafa was looking at the one year mark and
Vales reporting in earning as a probable time
for Vale to announce a JV with Katx,,Makes sense

Without Katx's mention, going along with Usafa's speculation
Looks like it may be another year before any announcement

Which does make sense, the agreement is for 3 yrs
Vale needs to spend some 700K to earn in
and they have only spent some 17k on grab samples

http://gis.geosurv.gov.nl.ca/mrinquiry/License.asp?License=016909M
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