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MORRO BAY RESOURCES LTD V.MRB

"Morro Bay Resources Ltd is engaged in gold-silver exploration with mineral interests in the Penoles Project in Mexico. The Company has operations in Penoles, Mexico."


TSXV:MRB - Post by User

Post by picasso1on Mar 04, 2014 7:37am
148 Views
Post# 22276294

Penoles project

Penoles projectThe hindrance is the 51% ownership (with an earn in up to 65% with cash and stock and drilling activity). The land is strategically located but investors like resource at least 90% owned. A fair bit of cash was spent by Sierra madre on the property already so it is not like they are starting cold. 
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