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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough! -- Ignore unavailable to you. Want to Upgrade?

To: Falcon095 who wrote (4694)3/23/2000 6:53:00 PM
From: average joe  Read Replies (1) | Respond to of 5206
 
OK, in the clause marked Area of Mutual Interest (AMI) in the "Standard Joint Venture Agreement" what did they mark
in the blank spot for radius area?

It probably said all of Map Area NTS 73H - which was what the deal between Cameco and Uranerz said. Uranerz got the 73H map sheet and Cameco got 73G. So I'm guessing Monopros can't do a deal with another party without all the parties (Cameco Uranerz Kensington) joining in the deal, or at least being offered a piece of it. Is that correct?

aj

PS, was it Coles or Staples they got the "Standard Joint Venture Agreement" from?



To: Falcon095 who wrote (4694)3/24/2000 1:54:00 AM
From: Mike G  Read Replies (2) | Respond to of 5206
 
I also heard from a reliable source that BHP is staking in the area. Shore Gold must have sparked some interest. Since Shore Gold owns the property on their own, there shouldn't be any impediments to releasing information like there is in our JV. This thing should take off soon, I'm surprised it hasn't already.

Just my opinion.

Mike G


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