RE:RE:RE:RE:BaffledNo offence taken, as per my much earlier post when that question arose I'm totally against it. That's not what a project generator does. One of my main holdings is EPL, probably one of the best project generators in the business, you file the claims, deal with grap samples and initial exploration then option the property. Been with these guys for 30 years and the returns have been spectacular.
As a public company it would be benificial for TUO to put out quarterly updates !
One thing I have noticed in the project generator sector over the past few years is the cash received from the optionee has declined, shares received and negotiated NSR's have remained the same but cash received for the option to explore 60 to 80% of the property is much lower in many cases, because as we all know cash in the junior market is in short supply.
Basically to keep the business growing and going even project generators have to be more flexible in their negotiations.