GREY:GBRIF - Post by User
Post by
miningman3on Feb 26, 2013 8:53pm
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Post# 21046194
Jimmy Dales and co
Jimmy Dales and co Analogies with Cross Lake, QR and BGM are a bit stretched, but the main similarity tis that in both cases, Procon was /is the underground contractor and they were owed large sums of money that the client could not pay. To the poster who queried " Does GBN owe Procon any cash?" GIVE YOUR HEAD A SHAKE!!!!!!!!
Jimmy and Ed's main concern here is looking after Procon's interest and anyhing thats left to the shareholders is not likely to be significant. The unfortunate fact, that Ron N tends to overlook, is that if it cant be mined at a profit , its not ore!!! Procon mined a lot of mineralized rock , at GBN's direction, that wasnt ore, and now they want paying