Quick question for you goldy. In your discussions with JA has he ever said that we have been close to getting a JV together over Maslins or Nank? A lot of the JV I see in the small cap mining area, the junior partner gets usually around 30% and the bigger partner must agree to agree to spend $3m or more over a certain period do time to get their share up to 70%. Has JA given out any inklings on the terms of the JV he wants?
NST has a JV with PIO over its Acra gold proepects in Kal region, GOR has a JV with a smaller partner over a greenstone belt around the Katanning area in W.A. which I believe long term will be a winner. S32 has JV with small explorers in Peru. In each of these, the smaller partner gets 30%. Means nothing if they find nothing.
Silver ready to run, page-9
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