RE: Observations to a trip to Ruby CreekThanks Toby: GreatInformation about the existence and type of investment interest inRBYC. DLKM doesn't do too badly by the arrangement either, as I seeit. They retain 2/3 of Mkuvia. They have a 30 % interest in the RBYC1/3 of Mkuvia, and they may receive $750,000 in shares of RBYC as thefinal payment for the sale to RBYC. And as soon as there isproduction from the RBYC portion of Mkuvia , DLKM from it 30% interestwill be receiving income directly at no cost expenditure on theasumption that development is a pay-as-you-go operation.
As to today's price action, so far, it also might be an accumulator who seeks to discourage DLKM shareholders. After all, DLKM still retains over a 75 % interest in Mkuvia.
But jmho and icbw.