RMX 0.00% 0.1¢ red mountain mining limited

time to move forward, page-80

  1. 3,620 Posts.
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    Hi Makattack - it looks like MDO dumped the stock to pay back TVI. A promissary note of upto 1.3m Canadian $$.

    June 24, 2013

    'The loan will be used by Mindoro to help fund its operations for the next twelve months and to finance an initial acquisition payment to Minimax Mineral Exploration Corporation (“Minimax”) for Mindoro to acquire the remaining 25% interest in the Agata project.'

    Talk about conspiracy theories. What a great way for Mindoro to raise the needed cash. Exquisitely engineered imo. Do you still think we'll ever see 1.7c again?
 
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