7 more days? Mar 1If the Koreans do not come up with the monies by the end of the month,Nanika can look elsewhere for joint venture partners.If they are defaulting on the 40,000 they will have a hard time wih the 250,000 and no chance at all of the 20 or so million needed to do the junior financing which should be done withing 3 months.
February 01, 2010
Default Notice Received By Canada Molybdenum Corp. From Lucky Ship Property Optionors
("CMC") has thirty days in which to pay the remaining $40,000, failing which the Option, as that term is defined in the Lucky Ship Option Agreement, will terminate