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Actually,technically...
posted on
Mar 09, 2008 10:53PM
The jv property is 100% FWR until such time as SPQ/KWG spend $3,000,000 in exploration.They have 4 years to do that for 50%.After that they(SPQ/KWG) may earn an additional 15% by doing a BFS on any minerals that may be mined.
