Posted On: 03/12/2013 11:53:17 AM
Post# of 689
From that other board:
MDMN LP
witness' questions...Les, Q and A twixt you and Ray below. Can you be more definitive as to the purpose of the meeting since it "has nothing to do with the release"? What are the two or three top priorities expected to be accomplished this month in Chile by all parties? Thanks
[5. "Medinah Mining Chile has been appraised that all parties to the $180 million Purchase Agreement contract are to meet in Santiago, Chile in March." Is this meeting planned for the release of the first deposit of the 18 million and does it have a definitive date? THE MEETING HAS NOTHING TO DO WITH THE RELEASE]
LP's answer..."As pointed out in the feb 27 update the parties to the agreements must attend in Santiago in front of the notar before any encumbrances can be placed on the claims. This is one of the requirements under Chilean mining law and includes affixing your fingerprints and must be done in chile also in the release is the quote that all terms and condition of the agreement are completed. That should say enough."
witness' questions...Les, Q and A twixt you and Ray below. Can you be more definitive as to the purpose of the meeting since it "has nothing to do with the release"? What are the two or three top priorities expected to be accomplished this month in Chile by all parties? Thanks
[5. "Medinah Mining Chile has been appraised that all parties to the $180 million Purchase Agreement contract are to meet in Santiago, Chile in March." Is this meeting planned for the release of the first deposit of the 18 million and does it have a definitive date? THE MEETING HAS NOTHING TO DO WITH THE RELEASE]
LP's answer..."As pointed out in the feb 27 update the parties to the agreements must attend in Santiago in front of the notar before any encumbrances can be placed on the claims. This is one of the requirements under Chilean mining law and includes affixing your fingerprints and must be done in chile also in the release is the quote that all terms and condition of the agreement are completed. That should say enough."
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