ResourceTec Corp (RREE)

[Cassandra]

Correct. Borneo does not intend to pay for any studies, exploration, development or any actual mining itself.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86411911

It's a moot point anyway because BRNE owns only one IUP (concession) -- an 85% interest in the 665-hectare Meratus concession, which expires in 4 months. Meratus has only an exploration license and BRNE disclosed it has no plans to explore it.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86700952

More info on the Meratus concession:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86694769
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86649152