OTCQX:NGLD - Post by User
Comment by
hillcrester18on Nov 01, 2019 3:38pm
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Post# 30298962
RE:50% to 75%
RE:50% to 75%I also see that they can accelerate their payments at their discretion. This means that really they can earn 75% by performing the necessary exploration, which they’d do anyway if the property was wholly theirs, as well as make the cash/share payments.
I also suspect that at sometime we’ll be hearing about a significant backer/financier taking a stake whether that be a company or individual. If they keep producing results in line with what they have, investors will come!