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Gold/Mining/Energy : ABER RESOURCES

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To: average joe who wrote (1051)	3/17/1999 11:14:00 AM
From: Walt	Read Replies (2) of 2006

Sorry Joe, I've seen alot of JV agreements and few are as simple as you imply. Otherwise one partner could simply sit back and never approve a budget and either get a free ride or tie up the property forever. Also under the Canadian Mining regulations in the NWT, one partner can dilute out another simply by doing work on the claims,filing it for assesment work and paying all the fees. If no agreement has been filed with the mining recorder they go by their own set of rules. I will do a post on JV agreements I suggest you read because if you have been signing the type of agreement you outlined you have been short changing yourself. regards Walt

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