RE: ThoughtsElGrandeBurrito:
RE: Shareholders Gold Purchase Program
One of the conditions:
. the funds raised in the gold program can only be used for the financing of the project
(i.e. bringing mine into production)
Please explain - They consider giving up to 50% of all gold production to their shareholders free of
charge to be a very strong poison pill that will deter ANY offer instead of just buying
more time to search out other offfers.
Does that mean a shareholder has the right to purchase gold proportional to share ownership
and the company will not charge for the labour costs. I am sure they won't be handing out gold for free. They need the funds to bring the mine into production.