posted on
Oct 31, 2007 03:28PM
I expect this will occur once Probe has the new Geophysicals in hand. The propertes next to NOT is one matter and the gibber interest is the other properties to the NE near the UC/SPQ/KWG, FWR, Fwr/SPQ/KWG properties. Not Staked a lot of new claims in that area.
While it is only my perspective, I would like to see each of these Blocks of land JVed with NOT where each party contributes equal amounts of adjacent property and equal funding for such JV's. To make it reasonable for us investors to track and to get the best bang for our buck, three separate JV's with provisions for consolidation based on location of new discoveries would be most satisfactory for me.
Old Joe