JV partner Zoloto made a 250k payment to nwgc in 2014 first quarter to acquire 49% interest in nwgc zaruma mill that is expected to generate 300k monthly revenues...why would nwgc give up 49% for a paltry 250k when nwgc is supposedly making good profit? Further DD reveals that an undisclosed, unafilliated third party made a 250k loan to zoloto also during 2014 first quarter..interestingly, loan matures in 2015 and repaid with convertible debt....hmmm..imagine that!
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