Re: Logical Assumptions - islandboy
in response to
by
posted on
Nov 12, 2009 10:23PM
Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%
Thanks SRV & RL
So if this is correct Mr. Nemis would recieve a total of $ 1,635,000.00 cash & 15 million shares+15 million warrants @.10 within 5 years.
Assume first 15 million @ .06 = $ 900,000.00
I have heard that name before......what is his history?
IB