RE: RE: RE: RE: News Release They each have 50%
they each must share the future expenses drilling..etc
or a non-participant would lose lose from 50% down to 46% down to 41 % down to x%
down to y%
or drop out completely and take a negotiated NSR (royalty)
Xstrata has 30 days to say yea or nay on the next drilling program
see above
So if Xstrata likes the resource they will put up monies and eventually if the resource is large enough make an offer to Canstar
OR
If xstrata thinks the resource is not large enough for GIANT miner Xstrata they will take a NSR and let Canstar have 100%
I think
Either way I like it. Rox is worth much much more
Take it with a grain of salt I have 1% outstanding shares
dyodd
soccer