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 : Montello Resources
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lindsay Thomas Tobin who wrote (2278)7/27/1998 1:24:00 PM
From: JP  Read Replies (1) of 4256
 
<<Kennecott the silent partner.Big deal>>
Where did you read this?
On the Legend block Kennecott is now the operator and is not only paying the full bill -they are even paying the Meo overheads and salaries for the next few years. MEO can now look after the other properties without any financial worries. Kennecott carried out all the ground work to date and are excited enough to enter into this deal which is way sweeter than the deal that PUG has with ACA. Kennecott has been to the sites and so we won't get any stories about too wet to drill etc. PUG has to pay their way whereas MEO get to travel along for free and still has 28% of the legend block. We could have another complete cluster on our hands here. The upside for MEO is now huge and the downside is very limited. JP
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News