Replies to post #40372 on Cannon Exploration Inc. (fka CNEX)

[cbrad10480]

Thanks Carnac!

I see that the "Net Smelter Royalty" was mentioned there.

It's not something to sneeze at, looks like a substantial piece
of money. Something worth getting the most of.

Take Care, and Have A Great Weekend!!

cbrad

[balihi]

Thats not much of a JV,more like selling the claims,and retaining a royalty.The $500,000 price for buying back the royalty,sounds cheap,unless the claims dont show much promise.