PNM 0.00% 3.4¢ pacific nickel mines limited

Ann: Proceeding with the Development of Lorena Gold Project, page-28

  1. 3,012 Posts.
    Hi Zacanzaz It appears its a catch 22 MKS have nothing without Mar and Mar need BCD now MKS
    MKS will be paid with gold as a commission this is the same deal as with BCD only difference MKS do not have to share it with BCD share holders. the good thing for Mar it wipes their commitment with BCD-MKS
    after 12 months or as soon as the open cut is finished.
    the main resource will be found underground also their is quite a lot of positive talk around about near by copper finds this may enhance MAR'S future , but in short MKS have just moved their risk from BCD to MAR. at a cheaper commission rate. i think this is still a 5 to 15 cent play on production of gold.
    also hearing a few other suitors interested in becoming involved with MAR to develop further. cheers
 
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