Re: Havilah spin out release, St Elias Mines

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sculpin

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Re: Havilah spin out release, St Elias Mines

in response to

Re: Havilah spin out release, St Elias Mines

iced

posted on Mar 07, 2012 10:23AM

Yes iced, Intigold(IGD) does hold option agreements on Cueva Blanca and Chance E in Peru. But you have to understand that IGD is at arms length to SLI with the same management. IMO, option agreements between oneself can be recinded at anytime, if you agree with yourself.Also, if a move was put on SLI, arrangements could easily be made to pay IGD for its interest in the 2 properties, or could be bought along with the whole SLI entity, if that situation were to arise.