DKO 0.00% 5.6¢ dakota minerals limited

This may be part of the reason as to why MPJ is running today...

  1. 5,279 Posts.
    This may be part of the reason as to why MPJ is running today and ORO went backwards. From MPJ's quarterly:

    "MPJ will hold the right to earn a 75% participating
    interest in the Talc Lake Project
    by
    expending a minimum of $800,000 during the initial
    12 month period from signing and then
    continue to solely fund Talc Lake until completion
    of a Bankable Feasibility or decision to mine.

    MPJ will hold the right to earn an 80% participating interest in Mt Barrett by completing all
    required expenditure until completion of a Bankable
    Feasibility Study. "



    - So significant stakes in highly prospective leases have been sold to MPJ in return for equity in MPJ. A very defensive move by ORO in my opinion.

    Any MPJ success will be reflected in ORO's share price but only by about the equity stake that they hold.

    All my opinion. I could be totally wrong...again!
 
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