Welcome To The Spider Resources HUB On AGORACOM

First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: The Richmond Club

Super job thanks for the great post

Question...what happen's when NOT signed a JV like you said....l'ets say they make a deal with SPQ and we pitched noront 5 million and they hold 50% by doing the project.

When they sell to a major how does the price of our company relate when the major buy....how does it work????

I am trying to understand that if they signed the 15 jv,does the sp relate to what they find on SPQ land and we go 50-50 with NOT from the point to what the sp was at the time they make the deal???

So my main question his what happens if NOT does a jv with SPQ,and is it possible that if BMK find's something,they will start doing that to,because they plan to go on their own i think!

Would appreciate an answer and sorry that i d'ont know the answer still a newbie but learning.............thanks!

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