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 : ADRIAN RESOURCES
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Thomas Blanchard who wrote (7)2/23/1997 5:41:00 PM
From: Thomas J. Benthall   of 56
 
To All:

I have not been able to figure out why Teck wanted to extend the
agreement.

Is Teck interested in other projects around the world
and wants more time before committing to a development program at
Petaquilla? If so, they may eventually decline to participate in the
project.

It was Adrian's stated intent to sell its 26% interest (after Teck
earns its 26%). The most logical candidate to buy them out would, of
course, be Teck. There has been some concern that if Teck DOES decline, ADL would have to look for a new venture partner. Would this
be a problem? To answer my own question, I don't think so. It IS a
world class property. What do those on this thread think?

Thomas
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