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Gold/Mining/Energy : Rock Resources -- Ignore unavailable to you. Want to Upgrade?


To: 24karat who wrote (1379)12/8/1999 9:21:00 AM
From: the Chief  Read Replies (1) | Respond to of 1996
 
Not me. I have never believed a buyout was possible after one round of drilling. Historically the logical progression is J/V and then the JV buys you out...if everything goes well. I am unaware of any first round drilling that has resulted in a buyout.....even Arequipa was into a second round.

the Chief