The info is all very good but ... annual report says...
' the company does not have a direct ownership interest in any mineral tenements. the company has an interest in the iron ore rights only '
That is ... entitled to a 1.5% royalty if mining is commenced (by Evanston)
Nothing too flash here !
Appears CFE bought 19.6% off market (probably new shares direct from GFE) ... or, ( more likely ) TS and say,1-2 large S/H's sold to CFE for 16.9c - the other 80% (approx) are us poor bastards left with a lame duck, being plucked and cleaned out !
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The info is all very good but ... annual report says...' the...
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