RE:RE:RE:Swimming in cash Fosterville South Exploration Ltd. (FSX) is pleased to announce that it has entered into an agreement with privately held Wild Dog Resources Inc. ("WDR") to acquire a significant 2166 sq. km mineral exploration land package in Papua New Guinea ("PNG") including multiple Exploration Licenses ("EL") and Exploration License Applications ("ELA")……..
Well…., Bryan Slusarchuk was instrumental in development & acquisition of K92 mine (KNT) in Papua New Guinea (PNG) & is also a ‘founding father’ of Foster South Exploration (FSX).
Now with FSX, he is either planning to duplicate KNT success or is building it up and getting it ready for acquisition by KNT.
K92 mine is actively looking to expand & is loaded with cash. This price cave-in for KNT may ….or may not have something to do with FSX aquisition but either way I have shares in both and will keep them until this plays out.
G37