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Gold/Mining/Energy : Brex Exploration Inc. (M.BX) -- Ignore unavailable to you. Want to Upgrade?


To: joe minten who wrote (84)4/20/1998 9:36:00 PM
From: tiloup  Read Replies (1) | Respond to of 134
 
Hello Joe,

"and the issue of a potential $150k payment to MIQ to be fully vested in POD at 25%(these last two #'s are speculative at this time)."

My memory may be betraying me right now but isn't this 150K payment due shortly or already overdue? Is this a friendly deal between Ariel group (ex, flexible schedule) or can Brex lose their option? If Brex does lose their option does this % of POD revert to Miq or Miq/Kinross?

TIA Norm



To: joe minten who wrote (84)4/20/1998 11:44:00 PM
From: MAKAMAI  Respond to of 134
 
Thanks for the update Joe. MIQ must have liked the activity since the price rose to .40C on the close which is the highest its been since 12 March. Guess funding is the name of the game for BX. And we continue to wait!!

Mahalo,
Bert



To: joe minten who wrote (84)5/8/1998 4:34:00 PM
From: SirVinny  Read Replies (1) | Respond to of 134
 
hi joe! maison placement had dump today,maybe they want to keep the price low to shake up small investor before the run up.