Solid foundations. New horizons.

Free
Message: Confused

Confused

posted on Jun 03, 2008 08:11AM

Which lands are these?

Why review ownership interests unless there is a dispute?

If there is a dispute, why say 'owns' and '100% owned'?

"Noront owns the Eagle #1 Discovery, located on ground previously held by Condor Diamond Corp. and Greenstone Exploration Company Ltd., immediately south of Probe's 100%-owned McFauld's West property. Probe and Noront are reviewing their ownership interests in these lands, the historical work undertaken by each company on these properties"

Very strange. I don't like the ambiguity.

It could mean that Probe thinks it owns Eagle 1... or Noront thinks it owns PROBE's property.

Hopefully one of our board members who has a good telephone history with the company can get a clarification as to just what the heck this means.

BK

1
Jun 03, 2008 09:13AM
Share
New Message
Please login to post a reply