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Gold/Mining/Energy : ZINC The base metal. News and Views. Symbol Zn -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Aloha who wrote (1930)11/14/2006 5:50:11 PM
From: dsv  Read Replies (2) | Respond to of 3270
 
I talked with Acadian Gold in Toronto at the latest investor conference and they are also able to pick up excellent new staff people due to the changes at Inco and Falconbridge.



To: Mr. Aloha who wrote (1930)11/14/2006 10:33:30 PM
From: Madharry  Read Replies (1) | Respond to of 3270
 
exactly how much will it cost them to reopen the mine?



To: Mr. Aloha who wrote (1930)11/14/2006 11:06:36 PM
From: Madharry  Read Replies (1) | Respond to of 3270
 
after looking at it a little while I'm leery on this one. I cant help but wonder if everything was as clear cut as it appears to me why did hudbay sell it to them so cheaply? I will continue to follow to see if they obtain financing and under what terms



To: Mr. Aloha who wrote (1930)11/15/2006 8:19:20 AM
From: Chuckles_Bee  Read Replies (2) | Respond to of 3270
 
WTF?? = GLOBEX ACQUIRES GROSS METAL ROYALTY ON ZINC-LEAD DEPOSIT IN NOVA SCOTIA

kitco.com

"...is pleased to inform
shareholders that it has acquired a 1% Gross Metal Royalty on the Getty zinc-lead deposit in Nova
Scotia from Acadian Gold Corporation"

"Globex’s 1% Gross Metal Royalty is not subject to charges of any kind. Acadian Gold has the right to
acquire one half of the 1% Gross Metal Royalty for $300,000 and also has a first right of refusal on the
remaining ½% royalty should Globex decide to sell it."


WHAT is the point of this?
ADA gives away 1% royalty for free....but arranges to pay to buy it back?

Regards,
CB.