RE:Can anyone read ??? sleepydog1 wrote: The ignorance of some humans is staggering ... the pp at .05 was announced on Feb.1 when the share price was at .045 ... it got increased several times because of demand and closed on April.5th when the stock was trading at .085 a week before drilling even started ... all this announcement was on the 30th was the exchange excepting the filing of the documentation like they do for every single financing that is done by anyone a few weeks later ... there is no new financing being done at .05 .... and as for the ratio of ownership it is right in black and white in the news of April.13 that Margaret Lake has chosen not to participate and therefore their interest will be dropped to 23% once Arctic Star completes their exploration budget and if they drop below 10% they are left with 1.5% net smelter ... so Arctic Star has atleast 77% ownership of this project worst case and if Margaret Lake doesn't chalk up some funds here in the future they will be left with nothing .
Agreed . There interest will be dropped but until then the ratio remains the same. Speculation on what is paided to ADD in the future is just that speculation As for the PP wheres the increase ?. All I see is 5 cents . Last but not least who knows if ADD and DIA are in negotitions concerning the JV but for the time being the market is speaking loud and clear what it percieves regarldless of whats posted here . DIA Green , ADD Red but hey find Diamonds and everybody is happy and we shall here about that soon enough .