funding, page-20

gmt,

The reason the other Chinese took surrounding country is that they can play their own game. They ran the ruler over existing operations and came to conclusion thx and no thanks.

The also corrected concluded that offering CTO participation in any resources found simply reduces their cost and as CTO is highly unlikely ever to have spare cash, they effectively bought a gold producing area where they can do their own game essentially as Operator for a very modest royalty. All that CTO really gets is to keep the acreage in their name, a small royalty, and relief from ever needing to spend money to meet obligations on proving up the lease as required by the Mines Department.

But it did give CTO the chance to make a sexy announcement about all the additional acreage they had captured at the time. However, value = nothing. Chinese 1 CTO 0. No hard feelings to the Chinese..they're playing a smart game with amateurs so always going to be one sided.