Re: Renforth Files with Sedar to raise $6,000,000.00$ for drilling in 2008

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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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algrove

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Re: Renforth Files with Sedar to raise $6,000,000.00$ for drilling in 2008

in response to

Renforth Files with Sedar to raise $6,000,000.00$ for drilling in 2008

johndefur

posted on Mar 26, 2008 01:27PM

Thanks for the info.

Actually this is even more bullish. The JV with Renforth requires both companies to contribute land to the JV. Some of Renforth's land that they contributed is in McFaulds Ring of Fire (including a small piece in the middle of the FWR JV land). They may choose to initially concentrate on McFaulds and leave the Kimberlites and diamonds till later.

By the way this is another JV that will ultimately be 30% SPQ and 15% KWG if the drilling meets with success.

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