Formerly WSR

Aggressive program in a highly prospective portion of the "Ring of Fire" mineralized zone.

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Message: Does anyone wonder why

Does anyone wonder why

posted on May 23, 2008 07:52PM

WSR agreed to this JV with MTX...I mean 20M dollars for 50%...That is the most expense JV I have seen. The only conclusion I can come up with is both management teams are very bullish on these claims and MTX will not let it go cheap and we think the goods are there but know we can walk away at any time...But still sounds very expensive to me...Anyone else have thoughts on this deal?

Glorieux

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