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Re: webpence post# 122907

Friday, 09/21/2012 1:36:54 AM

Friday, September 21, 2012 1:36:54 AM

Post# of 165854
Several months ago, I went over Joshua Tree's financial statement. What I noticed was that a lot of the services they were provided and claims on mine sites were bartered with company shares and not with hard currency. Therefore, I'm wondering how they will plan to pay for the $50,000 CND in cash and $200,000 CND in exploration costs for the 38-unit claim that Shining Tree Resources added in December and that we gave up to Joshua Tree for 50% interest in, along with 1,000,000 future shares of Shining Tree Resources? This whole deal has me puzzled.

In regard to Canadian Government approval you can Google the BHP Billiton Limited and Potash Corp deal dated December 2010 and the present CNOOC and Nexin deal.