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News Focus
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gitreal

09/10/13 3:12 PM

#2564 RE: raptornuts #2563

Thanks, but I am not holding my breath.

I find it interesting that so many are willing to believe in a report that they have never seen and for which there is no proof of its existence. Maybe I will just refer to it as the Bigfoot Report from now on. Or the X-File.
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pitboss22

09/10/13 3:32 PM

#2565 RE: raptornuts #2563

Baker Hughes doesn't need to care about any old reports from the 60's. Their involvement was to write instructions to their bank saying that IF these guys can deliver XXxXX tons of barite, that meets our specs, according to our schedule, and supply independent proof, pay them X dollars per shipment.

If they fail to meet all of our conditions, they don't get paid - period

So they either get cheap barite, (somewhere less than $100 per ton) or they don't. If they don't, they aren't out any significant amount.

But I agree about the company posting the report and any others. Like you said, why not post it?

The only reason for not posting it is to hide something from investors.


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kjb76

09/10/13 4:06 PM

#2571 RE: raptornuts #2563

raptornuts, I am waiting for gitreal to send me a copy of a survey made with in the last few years on an active mine and then I will be better able to understand if your agreement to his request is valid.