Tuesday, December 29, 2009

Linear Gold (LRR.to): Lipstick, meet pig: Pig, this is lipstick

pucker up, baby

This one made me laugh. You have a joint venture option agreement with a big world miner. The project is in the polrisk red hot zone of Chiapas, Mexico. So when the big world miner partner declines the option and hands the property back to you it's made to sound like a distinct advantage and the best thing that could have happened to the company.

Cue Linear Gold's PR today:
Linear Gold Maintains a 100% Interest in the Ixhuatan Project, Mexico

HALIFAX, NOVA SCOTIA--(Marketwire - Dec. 29, 2009) - Linear Gold Corp. (TSX:LRR - News; "Linear") announces that it has received notice from Kinross Gold Corporation that they will not exercise their option to acquire an initial 60% interest in the Ixhuatan Project, thereby allowing Linear to maintain its 100% interest in the project. The Ixhuatan Project covers an area of over 98,000 hectares, in Chiapas, Mexico, including the yada yada continues here
PT Barnum is alive and well and is living in Canada.