Timmins & Beardmore - Northern Ontario

Focused on becoming a near-term Gold Producer

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in response to by
posted on Oct 01, 2009 09:16AM

Don't mean to split hairs, but the OAK deal was an outright sale, not a JV . A JV would imply that Sage has a carrying interest in the property which they do not, just a NSR and some shares and cash ... but yes the can still sell the shares if it works and is a good deal IMO.

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