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Citrati

08/22/12 6:50 PM

#16637 RE: Actuate #16634

What I don't get is if Jorge is as rich as Imcat says, why didn't he just keep it and open it himself and not water down all his profits?

Things are not transparent enough to answer deep questioning.

SaltyMutt

08/22/12 7:14 PM

#16638 RE: Actuate #16634

Why not give them a call and ask them yourself if you are really curious? And please tell us what they tell you. We won't ask for proof of your call or call it hearsay.

abc1938

08/22/12 9:22 PM

#16646 RE: Actuate #16634

mercator is not the subject of this board

StockKingArthur

08/22/12 9:24 PM

#16647 RE: Actuate #16634

It is my belief and IMHO that Mercator did not purchase the Emerald Isle Mine, now known as The Chloride Mine, because they felt that The Chloride Mine was/is a huge money pit.

thizsukz

08/23/12 12:14 AM

#16676 RE: Actuate #16634

I think that it is safe to assume that Mercator did not attempt to acquire SIRG's Emerald Isle/Chloride mine because they had their hands full with their own fledgling mine. In 2010 the company lost $115 on their own mine. That seems like a fairly plausible reason to me why someone would choose to concentrate on their existing project rather than distracting themselves with new properties. Maybe it was because they only had approximately 10% of the purchase price in cash on hand. Both of these seem like fairly reasonable explanations to me, but if you feel that a more detailed explanation is needed I would suggest that you call Mr David Jan at 778-330-1295.

All of this information is easily verifiable, but I will let you do your own 2 minutes of research to find it yourselves.