Arctic Star Exploration Corp V.ADD

DIA.V Is Not Spending A Dime...Can Option After Risk Is Low

[ShortOnCash]

So its not that easy to say its 25% of ADD.V.

Float is HALF ADD.V as well...

So I Disagree Fin

[FinDiamond]

I meant 25% of ADD's market cap. At the moment DIA is trading at 5 Mio and ADD at 25 Mio market cap. I am not bashing DIA. I am heavily holding ADD. I just believe ADD is the better pick at the moment.

[ShortOnCash]

Hey I got ya, didnt take is a bash at all, thats what I meant 25% valuation to ADD float. I just think the deal is structured to put DIA in a postion that is even better if they were paying for the 23% at the moment. Cheers, GLTA

[Goldy63]

Nothing redarding the % between DIA and ADD had been put out in an NR yet. But for some here the reality is a big fish buys DIAS claims and DIA and ADD have a JV Period . De Beers shows up they deal with DIA who own the claims . I,m sure theres lots going on behind the scences with both companys but as it stands ADD drills and spends and cost DIA nothing and yup they hit Diamonds everybody wins