Bema(Bgo) and Arizona Star Message Board

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Gold/Mining/Energy : Bema(Bgo) and Arizona Star

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To: Lorne Larson who wrote (8131)	10/28/1997 9:28:00 PM
From: the Chief	Read Replies (1) of 10482

Lorne as you have said"only granting of an option" is the key!! Clive hasn't disposed of 1/2 of CC, he's signed a low cost "lease agreement" that allows the lessee to return it in 2 years if he doesn't like it any more. Its like a "up and comer" who wants to impress the high rollers. He goes in leases a Jaguar convertible, he gets to drive it for 2 years and have all his buddies think he "owns" the Jag. But, if he doesn't like the Jag he can return it "no charge" 2 years later. What the lessor gets, is a 2 year old Jaguar that isn't quite as easy to lease or even sell the second time around. the Chief

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