Steppe Gold (SPE:V) Message Board

STOCKTALK

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 : Steppe Gold (SPE:V)

SPE 15.03

+0.3%

Jan 13 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: brian krause who wrote (484)	1/20/1998 9:41:00 AM
From: Robert Dydo	Read Replies (1) of 1248

In addtion to this subject, cjl from "stockhouse" has supplied me with this information "The individual news releases are pretty detailed with respect to the terms but, according to my file, John summed it up as follows: they must spend US$13.5 million over 6 years; there is no commitment to production; they must spend $1 million in the year beginning July, 1997. The JV agreements are confidential documents and they will not supply copies but he did offer to show them to me. All in all, the terms seem very favourable for such large holdings" In follow up comment I asked him about inclusion or exclusion of Mizek in financial obligations as Mizek licence soon will have a mine which in my mind will be govern by specifics of mining operations and as such it will may not contribute(spent money) to obligations needed to keep other properties in good standing. I think that John may clear this for us the best way. Regards Robert

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next