Cornerstone Capital Resources Inc V.CGP

This should help explain why THR is up

[nijinsky70]

I found this posting on the THR Board after I raised the issue of why THR is up and CGP is still lagging behind. It sounds reasonable and hopefully CGP will catch up some what (up $0.03 at about 11:35 am). "I think I've found your answer: ( If I read the following excerpt correctly, Thundermin can increase their share of the project to 75%.)) he LDJV will be a 50/50 joint venture between Thundermin and Cornerstone with Thundermin as operator. Once the LDJV has acquired sufficient exploration drill data to prepare a Mineral Resource Report, Thundermin, at its sole discretion and cost, has the right to carry out a detailed study to determine the economic viability of putting the resources that are the subject of the Mineral Resource Report into commercial production (the "Feasibility Study"). By unilaterally electing to bear the cost of the Feasibility Study, Thundermin will earn an additional 15% undivided interest in the LDJV. Thundermin shall have the further right to increase its undivided interest in the LDJV by an additional 10% by arranging 100% of the necessary bank financing required to place the mineral resource that was the subject of the Feasibility Study into commercial production."