RE:RE:RE:RE:RE:RE:Nevada Sunrise JV to begin drilling Kinsley on Jan. 18Good points Bakaone, hence the "leverage" i refered to for NEV....but at this moment, you can not be sure that the 22% will stay with NEV.
I must reread the final terms of the agreement again, to see if NEV has the obligation to keep spending the same amount (percentage wise) that PLG is spending on the project. Cause this time NEV has agreed to pay their share of the exploration budget.....but what if no money is available and PLG keeps spending (which we all hope so the deposit can be mapped/studied)......could it be that NEV is left with no part of Mt K ?
If NEV can keep this 22%, then, in time, by each "drill result" with decent/good intervals and grades, the market cap can grow as well. And then PLG could be very interested of course.
greetings
Tritoon