Bullboard - Stock Discussion Forum Central Iron Ore Ltd CIORF

Primary Symbol: V.CIO

Metals & Mining Gold

Central Iron Ore Limited is an Australia-based exploration and development company, which is engaged in the search for gold in Australia. The Company is mainly focused on exploration in the Darlot Region of Western Australia, within 10 kilometers from the Red 5 Darlot Mine. The Company's projects include South Darlot Gold Project, British King Mine and Red 5 Joint Venture. The Red 5 Joint... see more

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TSXV:CIO - Post Discussion

Central Iron Ore Ltd > Joint Venture Dispute

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Post by Goldendream on Dec 14, 2020 10:30am

Joint Venture Dispute

CIO entered into a JOINT VENTURE with Barrick. ( Red5 ) have now replaced Barrick in this Joint Venture. Apparently, from what I can gather CIO is saying they have completed enough work on this Joint Venture for a 70% buy in right. However, Red 5, is disputing this claim. I have been trying to get information on this important matter from both compainies but I have recieved no responses to my inquires. Perhap, someone on this Bull Board would like to repond to this message with any information concerning this matter. I have read most of the over view describing the company Red 5 at their main Website and I cannot even find a mention of any Joint Venture with CIO. I Thank all respondents in advance at this time.

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