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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: average joe who wrote (98958)3/3/2013 2:55:23 AM
From: TobagoJack1 Recommendation  Respond to of 217588
 
i already have, wrote project #2 to zero



To: average joe who wrote (98958)3/3/2013 4:52:25 AM
From: TobagoJack  Read Replies (3) | Respond to of 217588
 
the capital we the boyz have at the burning stake of project #2 (gold / antimony) that as far as i am concerned is impaired by way of the 80/20 (stepped up value basis for the 20%) jv is comprised of the option money, the first downpayment, and the due diligence expenses.

the sums ordinarily would be material especially as first step of the usual p.e. deals.

i am telling the boyz to forget spilt milk and hope for the best, because as and when project #1 (gold / mill) powers up whether or not exactly per schedule, the spilt milk would materialize into so many cows in short order that we would not even remember #2 should it actually go to zero.

as long as project #1 powers up, we are beautiful

then there is #3, the tailings venture