galdpanner1 - I think we are on the same page... JL's court venture on Sept. 5th is for his benefit... there has been no indication that MSX would see anything from it even IF JL gets something, that would be a long ways off... and that is an IF...
Someone mentioned here some ridiculous amount MSX would have to pay JL (1.89 billion?) just to get the 'joint venture' agreement signed and on the condition that the property is free and clear of all liens, charges, encumbrances, claims or rights of any kind whatsoever, including, but not restriced to those of the owners of any underlying mining claims......and that 'agreement' has not been signed... so, really there is no joint venture currently...
July 19th, 2012
On May 20, 2011, MountainStar Gold Inc. (then named Mountain-West Resources Inc.) entered into a written option agreement (the “Option Agreement”) with Jorge Rodrigo Lopehandia Cortes, as Optionor. Pursuant to the agreement, the Optionor had granted the Company the right (the “Purchase Right”) to acquire an option (the “Option”) to purchase 50% of certain property of the Optionor located in Chile, comprising the “Amarillos” mining claims superimposed over the “Tesoro” claims which form a portion of the Pascua-Lama mining project (the “Property”).
The Company is pleased to report that the Option Agreement has been extended for one year to May 20, 2013 in accordance with the terms of the Option Agreement.
AI
