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Penny's Changed my life

04/27/11 10:51 PM

#54681 RE: TOSCA #54680

Hmm could be or at least I have not read this before.


Carbon Credit Project:
On February 1, 2011 the Company entered into a Carbon Development Agreement with Bio-Carbon Solutions International Inc (OTC Pinksheets: BICS) for the purpose of securing technical services for: 1) the completion of a Project Design Document for the registration of carbon offsets from forestry activities (conservation and afforestation) from 42,000 acres of lands in Sierra Leone, and 2) for fundraising for the realization of the carbon project. Pursuant to the Carbon Development Agreement the Company shall pay a contingency payment of 10% of the net profits from the sales of the carbon offsets upon their realization.

CancunCharlie

04/28/11 12:29 AM

#54689 RE: TOSCA #54680

Great Find!! And I hope that it is also released in a PR, being a material change in the company.

Maybe tomorrow they'll issue a PR for this and include the latest production results.

mdb1

04/28/11 8:14 AM

#54698 RE: TOSCA #54680

I'll be the negative one: Hope this does not distract them from GOLD production and investment into expanding GOLD production - like it did in 2009/2010 imo.

CC/timber and farming should be an incremental growth operation. And the primary focus should be on increasing gold/diamond production. Others probably disagree.