SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Twin Mining (formerly Twin-Gold)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: WillP who wrote (212)2/6/2002 8:46:14 PM
From: Valuepro  Read Replies (1) of 613
 
Will, Vaughn, nice exchange. Thanks. Will, "Uh, cash flow, you mean? There are royalties and taxes to be considered.
"

FWIW, only part of the claims are subject to royalties and overriding interest. I belive that's 1 + 5% at Freightrain, but I think most of the other claims are without these obligations. At least the company PR's don't mention this for the additional ground that's been staked. BTW, I agree it's going to take some big values at 20 cht to make a go of this. The only reason I'm in this play is I believe JI includes the very real prospect for larger stones and/or high stone values. For discussion purposes, one might also estimate that the grade below the crater facies as 20% less.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext