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Re: end2war post# 19752

Sunday, 10/16/2011 6:47:27 PM

Sunday, October 16, 2011 6:47:27 PM

Post# of 60120
End2WAR the payments are high as is the NSR. Companies try to do deals where they have low payments at the front end of a deal so they can put money in the ground exploring. This deal has cost over 500k in 2 years. Just think if they could have put that into exploration and permitting. Also a 4% NSR is on the high and there should be a clause to buy back at least a portion of the NSR.