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Gold/Mining/Energy : Canadian Rocket Red's Picks -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (9053)9/23/2006 10:02:26 AM
From: calgarylady  Read Replies (2) | Respond to of 19697
 
And BTW, Kaiser posts on his website that SKE owns 100% of El Corazon which is incorrect. They only own 50% of the area at the moment. Just goes to show can't believe everything you read by these guys.

Here is the email I got from Tony, Ske's IR:

Thank you for your interest in Skeena Resources. Here are the responses to your questions:
1.) The El Corazon project is under option from AgroIndustrial where Skeena can earn a 50% interest
with a first right of refusal to purchase the other 50%. Not a JV.
2.) Yes we are planning to make another acquisition in Ecuador and are currently reviewing several
projects. At this time I don't know if it will require another PP.
3.) Regarding the canadian projects, we let the Ice Claims project go and the Ronoke is currently being
reviewed by another company for an option potential. The Blackhorn claims we still have but are not
currently planning any work at this time so that we can focus our efforts on El Corazon.