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To: hank2010 who wrote (30543)1/22/2007 2:59:01 PM
From: loantech  Respond to of 78416
 
From the prior post it appears that Lucky Friday is operating only on the leased portion for now. Who knows? I usually do not buy companies in litigation so have stayed away from that one.



To: hank2010 who wrote (30543)1/22/2007 3:01:30 PM
From: pogohere  Respond to of 78416
 
None of the documents I've seen put a limit like that on the royalty; however, no royalty is payable until all costs of development are recovered. I believe the outstanding balance is ~$39 million. And those costs are the issue in the law suit now in federal court.
The ILDM website: wallace-id.com


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