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Gold/Mining/Energy : Desert Dirts, Gold & Platinum, the emperors new clothes -- Ignore unavailable to you. Want to Upgrade?


To: Chuca Marsh who wrote (1565)7/20/1998 6:41:00 PM
From: Bill Jackson  Read Replies (1) | Respond to of 1913
 
Chuca, you can keep the site with both public and private areas. The old style grubstaker network 1998 version is what it is. There is no reason at all to tell any secret data. Keep that for the paying partners as you use the web as a communication site. No need to even list the passworded site. It can be a hidden URL that starts at a password demand. Make each password unique just in case a parnter give it out you will know who gave it out.

Is your intention the measure a claim group to the point where a major would be interested and then option it to one of those? Or are you going to attempt a bootstrap startup with a private round or two and then an IPO? Both are viable. You have a lawyer on board and that will minimize some legal costs(assuming he knows what to do with IPOs, and all he really need do it copy another IPO dicuments as filed with changes where needed, it is not rocket science, just an agreement and a vetting by the SEC that no crooks are aboard)

Eric Charters has such a group staking and exploring now, as do many others. I suspect there might be quite a few more on the web. There have been a few web IPOs and the SEC does not object as long as the form is approved for that type of small IPO.

In addition with staked land there is no need for any particular secrecy(unless you want to stake more next door) as you have a lock on the land and can keep it as long as you do the work and pay th efees.

When IPM had all this secrecy that was the first indication of chicanery. If it is real others can look at all aspects. What can they do with the knowledge to hurt you? In fact obsessive secrecy initiates suspicions.

Bill