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AGORACOM WIRE - TUESDAY MAY 29TH, 2012

CONTINENTAL ENERGY  Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

SONOMAX completes $3 million equity financing Caisse de dépôt et placement du Québec contributes a significant portion of financing

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc. Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: Votorantim Elects To Option El Nino's Bathurst Camp Projects

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Re: NEWS:Votorantim Elects To Option El Nino's Bathurst Camp Projects

posted on Aug 06, 09 02:34PM

its a good deal for El Nino and shareholders. The company needs to raise cash and is ahving a hard time doing so. Reducing expenses while transferring responsibility to a third party all while retaining a vested interest in Bathurst is good business sense.

Besides, Kasala is the route to take for ELN, not Bathurst.

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