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Re: Destinator post# 2557

Friday, 10/07/2011 3:31:03 PM

Friday, October 07, 2011 3:31:03 PM

Post# of 12573
JV for EXS?

There is no way you want a "joint venture" with a major because that would dilute down the Explor interest in TPW - you want a "Direct Investment" into EXS by way of Private Placement. The major could throw two faces onto the Explor Board and they could set up a "TPW Budget Committee" in order to have a say in how the money gets spent.

If they take a stake in EXS directly, it means they like more than just TPW - it would validate the other exploration projects.

JMO

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