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mappo

10/12/11 12:27 AM

#170698 RE: Funaboard #170692

Homevendor -- Actually
Ken has 3 choices with the LUCKYS.

1. Sell the LUCKYS on an assignment to another co who wants to be VALE's future JV Partner.

2. Keep the present Agreement as is, and enjoy the 20% future net profits for decades to come when JV becomes reality.

3. Let VALE BUYOUT the LUCKYS.


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B402

10/12/11 8:25 AM

#170749 RE: Funaboard #170692

More like why "Did" They...

They are a transparent company with nothing to hide
They protect themselves with claims...
and keep shareholders informed

You dance around the Obvious
they PRd with cornerstone
They would PR with Katx If and when
The longer it goes, the worse it Looks

And there is still that financing issue
and the lack of financial interest shown in Katx
If things are good, you don't Need those Convertable debentures
Nor do you need to hide the terms

Money,,speaks volumes in this business
and after drilling 2 properties
and all Kens suposed Contacts

Katx is Not Working and wasn't funded...