InvestorsHub Logo
icon url

B402

10/01/11 1:04 PM

#169157 RE: JcNY #169155

Correct Jcny,,,

My point was to why wasn't Lucky Proven up by Katx
Proven Properties fetch Really Good deals

Simple as to why,,Financiers Had No Confidence
Nor have they even with the Vec Agreement...
Thats why this company is looking to Finance through CDs..
And Has not worked the entire season
Top it off with, the Bottom of the Barrel financing
is not Filling

The Idea that Vec chose lucky as something special is False
It was part of a Blanket Claim...Vec Covers their Bases
Nothing More...Not even sure Vec hasn't opted out

icon url

mappo

10/01/11 2:50 PM

#169162 RE: JcNY #169155

jcny -- You are correct.
VALE the BIG BROTHER will pay for digging etc etc.
KATX will entitle to 20% of all future net profits.

About VALE-LUCKY AGREEMENT:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63061671

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67589754


.

icon url

eiddle

10/01/11 3:09 PM

#169164 RE: JcNY #169155

Katx will be responsible for 20% of costs for future exploration work if JV occurs.