Mega Precious Metals Inc MPRXF

RE: RE: RE: RE: RE: RE: RE: RE: re; news wow

[ramblersrest]

Yes the 2 Sep date you refer to is the date of the letter of intent . The actual three year option agreement was dated 5 Oct . The number admittedly is confusing as 10% of the shares have to go to Palimeno Mining to satisfy their interest in the property .I may ,therefore,have misquoted the final tranch number due KBG . Property option agreements are what they are , aren't they ? The terms are the terms . If the proposed buyer does not settle his total performance requirements within the time frame of the option then his option expires and he can't buy the property . He then has no more control over the property via the option agreement beyond the end date . This is a specific three year option to purchase agreement contract  from 5 Oct 09 with phased performance requirements . What is the point in inventing argument or assuming speculation here . Mega has three months to pay up or they will have walked freeing up KBG to seek a new buyer and maybe a new president LOL . No point though in speculating in the hypothetical beyond 5 Oct.