Wednesday, February 08, 2012 8:58:29 PM
There are a lot of companies out their right now, that are getting financing, with similar comparisons, and BONZ'S main asset with out having drilled any core samples, is the adjacent mine of old.
Which speaks for itself.
So, in my opinion, i would get a standard small loan, enough to cover the costs of drilling, and get something concrete, that would speak for itself,.
A lot of financing companies want proof, before they dish out millions, they dont want hearsay, or speculation, of there was a previous mine next to us that did this much....
I guess if it were me, i would go for a few hundred thous. with reg financing... drill and be certain... and then on news of drilling... with good marketing, capture the profits from the investors/shareholders.
Then all the rights and control would still be in the rightful hands and not sold out to a larger financing company with a loss of control.
Just a thought.
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