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leifsmith

07/07/12 6:08 PM

#99798 RE: leifsmith #99797

Maybe what you have in mind is something like this. A company, call it Drillco, is offered this deal: You drill. Don't charge us. We'll give you 20% of the minerals discovered. Is that what you have in mind? No cash up front. Pay from minerals found.

That's a kind of dilution. You can't get away with it. It's going to cost something. Period.