RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Proper Perspective....Bluebirds wrote:
I still find it unusual that Bacanora allowed Alix to acquire the Gran2 concession a few months ago, which is completely surrounded by their Buenavista Prospect.
That is interesting that your now bring up Gran2 Bluebird. And I do not know why I am always the bearer of bad news.
But once again, I can't seem to come across the TSX Venture Exchange approval and closing documentation on another Alix property......the Gran2 acquisition. But I honestly thought the pending Financial Statements and/or Management Discussion [that just came out tonight] would provide clarification....but nothing on the subject!
And to make matters worse.......as of April 30th, Alix had a working deficit of $527k. Even after taking the April 11th private placement of $500k into consideration. Subsequent to this, LIT would have taken a $100k private placement in AIX to earn their 25% of Electra. [A payment of $150k would have also have been made, but that would have been directly used for work on Electra]. Thus leaving Alix with a working deficit of $427k as of two months ago.
There is no money to advance Jackpot......at this moment.
As always, I am always open to corrections in my due diligence!