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Mining Global Inc. MNGG
Posted On: 12/08/2014 2:54:11 PM
Post# of 12259
Posted By: eater7
Re: Natural Treasures #3680
The language is " a company that MNGG IS FORMING". NT, you might be right. This might allude to the incorporation for the Ghana project that was stated in one of the recent updates. The leverage might be the capitalization of the corporation. I think the third party only refers to the actual processing of the material from the mine. Remember, 5 ounces goes to the Keystone processor, but if Mngg has a third party lined up, that company can take over processing duties, so long as Keytones parties sign off. Joel might be incorporating a subsidiary that might be dealing with the processing. Something that might make sense. Could save over 5k a month doing it that way. But, we know for sure there is a corporation being formed for Ghana. That equity position might be in relation to that project. All imo.













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