From what I know, we have already earned in 50% of Fyre Lake, with the option to earn up to 80% (or was it 70%?)
Money ($100,000) and shares (around 3 million) was transferred and issued to Pacific Ridge over the past two months. Additional money and share issue will occur at a similar time in 2016 and 2017 as part of our earn in agreement.
And more importantly, if we can seal in a toll treatment deal with the owners of Wolverine - then the Fyre Lake project will be much more economically viable.
MNQ Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held