News Focus
News Focus
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pennypalooza

10/29/10 11:03 AM

#23422 RE: 3GDollars #23421

that is kinda funny...but sad...
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miwil36

10/29/10 11:13 AM

#23423 RE: 3GDollars #23421

Do they need to? If this keeps you from investing in an otherwise sound appearing business (IMHO), then don't invest. All other decisions that have been made seem to be reasonable and prudent, so why not this one?
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luke

10/29/10 11:19 AM

#23424 RE: 3GDollars #23421

Keeps them from being inundated by investor calls. Probably their choice.
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dcbass

10/29/10 11:22 AM

#23425 RE: 3GDollars #23421

Here's a pr from another junior regarding their contract. Notice no mention of the smelter name. I replaced the symbol with 'XXX'.

XXX Silver Enters into Agreement to Sell Its Gold Concentrate to an International Commodities Trading Company

TORONTO, ONTARIO--(Marketwire - July 13, 2010) - XXX Silver Mining Inc. is pleased to announce that it has entered into an agreement with one of the world's largest independent commodities trading companies to sell XXX's pyrite/gold concentrates. The gold/pyrite concentrate will be shipped and processed at a metallurgical plant in United States, owned by an internationally recognized mining company.
The terms of the agreement are for XXX to deliver an initial 10,000 tonnes from its gold/pyrite concentrate, currently stockpiled near its Velardeña Property in Durango, Mexico at a rate of 1,500 to 2,000 tonnes per month, equivalent to approximately 965 to 1,285 ounces of gold per month. XXX plans to immediately commence delivery of its gold/pyrite concentrate.