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YALE RESOURCES LTD V.YLL



TSXV:YLL - Post by User

Post by RGS1on Nov 15, 2010 3:56pm
227 Views
Post# 17708941

SILA

SILASILA has j/v'd one of Yale's properties,, Guadalupe. They are drilling the property now. As Yale's business model is project generation(J/V's). this is of significance. The company has several properties J/V'd and I would expect more. This mitigates the risks to us as other companies spend the money, pay Yale in stock and cash and Yale makes a spread by being the operator.
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