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Sunrise Resources Ltd V.SHI

Metals & Mining Industrial Metals & Minerals
"Sunrise Resources Ltd, formerly Candorado Operating Company Ltd. was incorporated under the Business Corporation Act of British Columbia on August 4, 1992. It is a mineral exploration company focused on copper and gold in the Quesnel Trough, located in central British Columbia. The Company's properties include the Man-Prime,Timothy Lake, Moffet Creek, and Eldorado properties in BC."


TSXV:SHI - Post by User

Sunrise Resources Ltd
Bullboard Posts
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Comment by CrashSurvvivoron Oct 05, 2012 10:58am
142 Views
Post# 20452551

RE: RE: RE: Why do a rollback when doing jv's??

RE: RE: RE: Why do a rollback when doing jv's??

That is a big commitment for that initial 65 percent -  over 4 million in exploration costs in the first few years.  And SHI still has a 35 % interest.  Then a million dollar payment after that and SHI retains 25%.  Pretty good if you ask me.

Crash

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities