GREY:KXLAF - Post by User
Post by
PACO2on Oct 20, 2011 9:15pm
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Post# 19168814
What kind of deal is this anyway?
What kind of deal is this anyway?What I see here is us giving away 350 square kilometers of land that WE have proven contains gold.
We have given away all control in a project situated next to Premier Golds Hardrock (TransCanada Project)
now proven to contain Millions of oz of gold and growing (Some are saying HEMLO 2-over 10 Million ozs)
We give it all away for less than $ 5 Million- What the hell ???
That 30 % is worthless as we have given up control of all this land and mineable deposit sites
for some 30% of a PRIVATE equity firm ??????
This is bad news for shareholders
Someone with a brain please explain to me how this new arrangement is better than what we had 2 days ago when we had 100 % of this ?