InvestorsHub Logo
icon url

resourceinvest

07/27/16 2:44 AM

#20896 RE: realtorwsm #20895

The property being acquired (3405 Citrus Street, Silver Springs, Nevada 89429 - as described in the Loan Agreement) is around 35 miles from the mine site? That's way too far (and many private properties in between) for the water rights to be of any operationally use/benefit. Reading the announcement it is clear that the acquisition represents an investment as part of their real estate business - not mining related. Just thought I would clarify.