![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, September 19, 2012 12:28:55 PM
You wrote,
“Also,why wouldn't BAJFF not sell their 49% at a decent price to a 3rd party instead of accepting a measly 10% and a loss of almost all of management's personal investments in the company?”
No buyers. BAJFF would have been glad to do so, and was their first choice.
Next up, 17 interested financial institutes to loan money, not interested.
Borrowing against a mine that (A) you do not own 100%. (B) is not operational, and (C) you just screwed up the best chance to finish the mine you’ll ever have. Is not conducive with selling or borrowing. KC was an exception because they had such deep pockets. If it was not for KC, this would of gone bankrupt months ago.
KC had the advantage over BAJFF and took them to the cleaners.
Business is business, if any of us was put in the position of accepting the majority of the risk and finance, we would expect to be well paid for our effort. (My opinion)
Element79 Gold Corp Appoints Warren Levy to Board of Directors • ELMGF • Aug 28, 2024 9:51 AM
Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • INTV • Aug 28, 2024 8:30 AM
ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET • ELMGF • Aug 26, 2024 10:03 AM
North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • NBRI • Aug 26, 2024 10:00 AM
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM