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Grizzly Discoveries Looks for Potash in Alberta
Mar. 17, 2014 09:23AM PST
Potash InvestingIn a recent interview with the Edmonton Journal, Brian Testo, CEO of Grizzly Discoveries, spoke about his company’s most recent mineral exploration venture. Grizzly Discoveries is in talks with an undisclosed potential partner about a $15-million investment in Grizzly’s Alberta potash project.
In a recent interview with the Edmonton Journal, Brian Testo, CEO of Grizzly Discoveries, spoke about his company’s most recent mineral exploration venture. Grizzly Discoveries is in talks with an undisclosed potential partner about a $15-million investment in Grizzly’s Alberta potash project.
According to Testo:
If they’re interested, they’ll kick us $5 million, we’ll drill four wells, and if we hit potash in any one of those wells, they’ll kick in the other 10 (million) and then we’re off to the races.
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