DMG
don't know...don't care.....just being a bit greedy when others are fearful
"Prior to the negotiation of the formal joint venture agreement Dragon Mountain will spend a mnimum of $50,000 on each of the Cawse and Avalon tenement packages within 9 months. Following this expenditure Dragon Mountain has the right to form a joint venture or withdraw."
(which is $1.15m)
"Following the signing of the joint venture agreement Dragon Mountain will spend an additional $150,000 on each of the Cawse and Avalon tenement packages within 12 months to earn a 25% interest in the Cawse and Avalon tenements."
There are in total 24 tenements......
This a huge undertaking from DMG.....Will be news-flow central
Current cash 3.6m
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