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Re: Hurricane_Rick post# 57843

Saturday, 06/08/2013 8:42:35 AM

Saturday, June 08, 2013 8:42:35 AM

Post# of 80983

All expenses related to Las Dos Marias is incurred and footed by CMLDM, not Medinah Minerals. Medinah has a 30% free carried interest in the project.



Lovely. How does CMLDM pay for their expenses when they are not producing anything? Essentially MDMN has a 30% FCI in a debt producing entity?

Malitia