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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)

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To: Martin Wormser who wrote (4009)2/24/1998 7:30:00 PM
From: Russell  Read Replies (1) of 7966
 
Farm-out.....

By farming out I mean that instead of AEC paying their 42.5% interest of the $10 million for the new plant and etc. they can "farm-out" meaning they will lose some of their interest in the land holdings if not all of it.

-Russ.
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