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DogWalker

04/10/11 9:11 PM

#53319 RE: DogWalker #53318

Joint Venture
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Infinitygold

04/10/11 9:19 PM

#53320 RE: DogWalker #53318

There are ways to go about doing things in Chile with current law in place and they are mentioned in previous pr from mmte.
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pennystockingz

04/11/11 6:50 AM

#53332 RE: DogWalker #53318

Excuse me for bringing this up, but unfortunately who ever the companies are may not be MMTE. Why, because in MMTE's 08/2010 pr it states: Mammoth Energy Group Inc. (Pinksheets:MMTE - News) announced today that it has signed a Memorandum of Understanding with Salt Gold Inter Chile Limitada, of Chile, to acquire the remaining 51% of the project.
Mammoth Energy Group Inc. has already signed a Letter of Intent to acquire the first forty-nine percent (49%) of the outstanding stake of Salt Gold Inter Chile Limitada's concessions in the Salar de Maricunga located in the Atacama Desert near Copiapo, Chile.

What you have provided below states that Chile to acquire 30% of a lithium extraction project spearheaded by Group Errazuriz which controls the mining right to the salt lake.

Well how can they control 30% of it when MMTE is set to acquire 100%?

I'm an investor as well an appreciate all the great DD conducted on this board, we also have to keep the facts correct. If I am wrong, then please correct me.