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the cork

02/05/13 12:54 PM

#150 RE: rifmemory #149

I don't know, rifmemory. Do you remember where you heard about it?

I've been meaning to get in touch with IR anyway, perhaps I should drop them a line.

finbar99

02/08/13 12:09 PM

#161 RE: rifmemory #149

Sandstorm is a streaming company - they 'loaned' MTO 20 mm about 2 years ago - money that was needed to get the mine to the point of production, and in exchange, they get to buy 20% of production for $500 an ounce. 20% is a lot to give away, but had it been true debt, MTO may not have made it this far. Sandstorm has a steller rep - one of the reasons that I bought in here two years ago was because that Nolan guy at Sandstorm is highly regarded for doing his due diligence.