...if Yamana Gold or Northern Orion were involved
Post# of 11040
Posted On: 09/24/2015 1:14:59 AM
...if Yamana Gold or Northern Orion were involved with it,...
Quote:
stockstuffer Wednesday, 09/23/15 11:08:06 PM
Re: samsamsamiam post# 37108
Post # of 37131
Quote: CRGP One of their "mines" used to be owned by Northern Orion - which brings up Vancouver.
"On August 21, 2013, the Company has acquired the San Pedro Copper Mine and Flotation Mill in Michoacán,
Mexico, from Minera Rio Cobre SA de CV. The San Pedro Mine, located in southwestern Michoacán, is a past
producer with a 20 ton-per-day (tpd) flotation mill currently on the property. The San Pedro acquisition is a
cash and shares purchase transaction totaling $3 million USD consisting of $2.5 million USD and $500,000
paid in stock by issuing 2 million common shares valued @ $0.25. These terms leave Calissio with a note
payable to Minera Rio Cobre SA de CV in the amount of $1.5 million USD for the next 36 months.
Company Overview
Minera Rio Cobre SA de CV produces copper. The company is based in Mexico. Minera Rio Cobre SA de CV is a former subsidiary of Northern Orion Resources Inc.
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Northern Orion was bought out by Yamana Gold I think. So not sure what is still in their portfolio. I think the deal blew up.
Wow, Thank you Sam for the DD, after all there could be copper in those mines, if Yamana Gold or Northern Orion were involved with it, and may be CRGP is not a scam. Keeping the hope alive. Thank you again.
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