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RIZAL RESOURCES CORPORATION V.RZL.H

Rizal Resources Corp is engaged in the exploration of natural resource properties located in the Philippines. Its properties include T'Boli Gold Mine Project, Batoto Gold Project, and Comval Copper-Gold Project. It operates through resource property exploration segment. It is focused on the development, exploration and production activities at the T'Boli gold-silver mine. Its material mineral properties are the T'Boli gold-silver deposit, the Batoto-Tarale gold prospect, and the Comval...


TSXV:RZL.H - Post by User

Bullboard Posts
Comment by Maupition Mar 08, 2014 10:57am
102 Views
Post# 22298086

RE:mismanage for a long time

RE:mismanage for a long time And you wrote:

""what was that we accept none payment in full of a million dollars without getting at least another 20 percent of control back ( are we not in the driver seat on that deal if they did not make the payment )""

then you should have read this:

""Cadan and MGL will need to evaluate their options in January 2015 if MGL expenditures on the project are below the AUD$15 million milestone, in accordance with an agreed expenditure schedule"".
https://www.cadanresources.com/

I think we will have in Jan. 2015 and in 2017 substantially more than 20% and Cadan will be back in the driver saet in 2017/18!
Bullboard Posts