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Gold/Mining/Energy : MINK MINERAL RESOURCES
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To: Jim Andrews who wrote (513)6/29/1998 5:54:00 PM
From: Bylo Selhi  Read Replies (1) of 637
 
<< How much money do we owe Ashton? >>

Does it mean that Mink absorbs not only the cost of drilling, but also the cost of processing samples in Ashton's own lab? What kind of partnership is that? Mink used to have a concession in Mali of the size of New England. That is a lot of drilling! No small company like Mink can afford it. This seems to be a win-win situation for Ashton if they're absorbing the exploration costs only after Mink has found something tangible (during the so-called evaluation stage). That's a no-brainer!
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