Bucking Horse Energy, Inc. BUKHF

RE: North American Palladium giving.....

[Minefinder1]

Actually it's a common practive, larger company sees no obvious potential but wishes to maintain property. They bring a junior in to fund exploration and cover thier assessment costs, keep a back in so that they don't really give up much and if the junior gets lucky they make a few bucks and advance the property. If not they don't have to spend their own cash for a while and get some work done. Great for the major, so/so for the junior and the back in makes larger investors a little wary as the junior may lose much or all of it's interest. In Buck's case it gives them targets they may actually be able to advance as the Buck Lake thing seems to be going nowhere in a hurry. Should be good and with other activity in the district may breath some life back into this play.