News Focus
News Focus
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naturallyk2

08/30/22 1:11 PM

#10977 RE: Aquahoya #10976

I'm curious to know what the 1mil restricted shares looks like (maturity date or however that's suppose to work out)
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StockItOut

08/30/22 1:36 PM

#10981 RE: Aquahoya #10976

Right, you're giving the landowner's perspective. Yes, they did well. We're mainly concerned about Brookmount/shareholders' perspective and the existing potential (previously abandoned) that Brookmount will need to convert into gold, all at Brookmount's time and cost, positive of which costs can be deducted from gold sales before a 30% share delivered to the seller.

I think quite unlikely there is any equipment remaining at that mine site.

You're (or it 'your') suggesting as if the acquired mine is recent, and equipment is all there, and this sale/option/whatever transaction is about Brookmount taking over an operational or near operational mine. I doubt that is the case.

If so, news would include to relay that the existing on-site equipment was also sold, which was not conveyed. Brookmount will have to start from scratch on an old mine that was left to sit around for some time, if not a long time.

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