Replies to post #313 on Coastal Pacific Mining Corp (fka CPMCF)

[leandro213]

What's in it for Peter? 50% seems ridiculous, he will probably turn it down.

[$pmlg]

heads up warning!!! imo.
premier1one
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Friday, October 22, 2010 9:56:57 AM
Re: catchmeifyoucan post# 74 Post # of 319
looks like they're diluting into the news....called TA AS 1bil. 225mil OS Geeeeze

looks like 91mil inthe float as of oct. 6th

someone is making big coin off this piece of news....


thats correct...its just a LOI...

if good and acceptable terms to both parties , then a JV agreement is in place...

we know nothing of the monies or terms...



every time there is a run on gold, have seen 5 cycles over the years...every tom , dick and Harry,

jumps on the bandwagon, and starts going over old properties, etc trying to find something...

not saying this wont amount to a deal... one has to be careful... on the venture in canada, there are 40 to 80 new deals like these that surface on this type of gold cycle...at new highs...