InvestorsHub Logo
icon url

homey_g

12/02/08 8:02 AM

#30706 RE: dale1953 #30705

yes
icon url

seabreezing

12/02/08 8:33 AM

#30707 RE: dale1953 #30705

Yes, if you go back and read the purchase of the lake property its laid out quite simply.SRSR owns the property and have control over the options of a flat rate buyout of the previous owners % or maintain the Royalties to the previous owner. That % is not great. 2.5% I think but if there is billions worth of Niobium as we expect there ,everyone makes out very very well!!!!!!!!!!!!!!!!!!!!! Sea