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Bullboard - Stock Discussion Forum Lumina Copper Corp LCPRF

GREY:LCPRF - Post Discussion

Lumina Copper Corp > Coordination
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Post by longchris on Oct 18, 2012 6:06pm

Coordination

Hats off from my side too. 

Something which seems a bit odd is that both companies LCC and CCD seem not to have coordinated this press release. Maybe this is just a matter of hours but there should be a statement from LCC, too.

Although this is all exciting I still cant find something in the press release which is clearly confirming an advantage for LCC. Yes of course it's easier to sell the project, when neighbouring claims are promising. But what exactly is LCC getting for joining exploration with CCD? Probably I have just missed it.

Also, what is 50/50 Joint Venture Exploration Programme when both companies agree on: " The total expenditure is approximately US$ 1,300,000 of which Cascadero Copper is required to provide US$ 325,000."  Isnt that contradictory ?

Good luck to all SH of LCC and CCD

Thanks for any helpful comments.

Comment by MidasTouchez on Oct 18, 2012 8:19pm
Timing of the press releases is odd but I personally am not bothered by it. After all, a Lumina press release is likely to have a much bigger impact than a Cascadero press release. I guess we'll find out soon enough. But also many people will only find out about this overnight tonight since many investors only get the news when they get home from their office. Maybe the LCC press release will ...more  
Comment by MidasTouchez on Oct 18, 2012 8:21pm
Timing of the press releases is odd but I personally am not bothered by it. After all, a Lumina press release is likely to have a much bigger impact than a Cascadero press release. I guess we'll find out soon enough. But also many people will only find out about this overnight tonight since many investors only get the news when they get home from their office. Maybe the LCC press release will ...more  
Comment by Morse5 on Oct 18, 2012 8:51pm
This post has been removed in accordance with Community Policy
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