RIE 0.00% 0.2¢ riedel resources limited

Well we should see the sale of Milrose go through this week or...

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  1. 10,010 Posts.
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    Well we should see the sale of Milrose go through this week or at the latest early next week. I would imagine it would happen as you wouldn't pay 50k to take up the exclusive option if you hadn't already done your research and didn't have a plan already in place.

    We might here something about a possible acquisition also or some plans to acquire something with the money. Should be able to do something with $1.7m. Follow AUZ's example and get a good JV on promising ground or acquire an advanced project with some good potential.

    Should see some news on what they plan to do with Charteris Creek also. A new JV would be the best way to go possibly.

    Hopefully we here something from Dixon late in the week early next also.
 
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