AI
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Tuesday, July 10, 2012 9:35:03 AM
Fairhills money is only worstcase, if necessary. They are now looking for 4M to 25M, for drilling first phase. IMO that will be no problem.
If results are good, and they will imo (no doubt actually), apparantly there already is a Chinese mining company interested in investing $200M for phase 2 of drilling.
The CEO is a BRILLIANT geologist, and he is following the instructions received from SRK, in their N43-101.
Little piece of VP's summary (also an experienced person):
One of the best Big Chunk targets touches on the edge of the Pebble project in the White Sox area. IT IS DRILL READY, but the company wants to raise 2-4 million first.
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