GREY:POSRF - Post by User
Comment by
justcurious1on Dec 07, 2011 8:31am
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Post# 19298336
RE: RE: Where's the botom?!
RE: RE: Where's the botom?!not sure if this management team is stupid or very sly. they have that little mine operating, or so we are led to believe since there has been no news since it apparently went into production. they now give bhp the right to examine a number of land packages allowing them to pick the top 5 with no money coming back to psr. bhp is simply looking around to expand their resources for their locally operating mine, no joint venture here, they'll simply buyout psr's share if they want to. montezuma has no defined resources with no news on whether they're drilling or not. i'm hoping bhp is simply doing their dd by way of this loi and hence preparing for a buyout.
glta