Precious Metal Exploration

Focused on exploration and advancement of mineral projects in Peru

Free
Message: Re: This new JV deal is not so bad?
1
Mar 25, 2009 12:39PM

That is true Trainboy,

And I am sure no one is mentally challenged enough to sell at 10 cents. But the Centurion deal brought only $25,000 to the coffers. I am not sure even CEO can spin this as a good deal for shareholders. I also don't know how anyone can believe that Centurion will raise $250,000 in drilling monies by the end of 2009. when their total market value as current is around $160,000.

Instead of management snowing the investors, why not just say that Centurion gave us $25,000 to hold on to Santa Rosa for 1 year?

Share
New Message
Please login to post a reply