Post by
Ochterloney on Feb 05, 2024 6:26pm
if not approved and permit refused Rise could still be ok
according to the president even if there is no court case the case law says the county would have to pay Rise gold the value of the property which he estimates would be $400 million and with 40 million shares outstanding that would mean $10 per share to the shareholders.
I am no lawyer and I do not know the law that applies here but if Joe Mullin is correct in what he says, the above comments should at least be in the ball park. i would guess that is why 1 Million US was able to be raised in the 4th quarter of 2023.