GoldCorp Holding, Co. (GHDC) Receives First Lease Payment From Silver Falcon Mining, Inc.

- June 16th, 2010

GoldCorp Holdings, Co. (OTCBB: GHDC) announced that it has received its first lease payment from SILVER FALCON MINING, INC. (OTCBB: SFMI). Under the lease terms, Silver Falcon Mining, Inc. will pay approximately $83,000.00 per month for the next 16 years which grants it the exclusive mining rights to War Eagle Mountain.

GoldCorp Holdings, Co. (OTCBB: GHDC) announced that it has received its first lease payment from SILVER FALCON MINING, INC. (OTCBB: SFMI). Under the lease terms, Silver Falcon Mining, Inc. will pay approximately $83,000.00 per month for the next 16 years which grants it the exclusive mining rights to War Eagle Mountain.

The press release is quoted as saying:

Recently, Silver Falcon Mining, Inc. reported that its Diamond Creek Mill facility had started milling operations as of May 17, 2010. As SFMI continues to operate, GHDC remains assured that payments will be met per terms and condition of the mining lease. Noteworthy, SFMI paid GHDC its lease payment two weeks ahead of the scheduled date, July 1, 2010.

Click here to access the entire press release

4 responses to “GoldCorp Holding, Co. (GHDC) Receives First Lease Payment From Silver Falcon Mining, Inc.

  1. yes these are monthly price drops but when you look at drops from their highs it has been a lot more

    I think that using MOLY as a bench mark for all is a mistake as the speculators and even MORGAN ramped this stock to unbelieveable highs. Stupid really, as when MORGAN downgraded this over price MOLY then it dragged the markets down. Stupid again as they were not comparing apples with apples . ie who’s close to market, who has LREE – who has HREE.

    But no they just push the whole market down – stupid really.

    For anyone thats done their homework – who has HREE, who is close to market, who has contracts signed ??

    hint = starts with L and ends in S

  2. yes these are monthly price drops but when you look at drops from their highs it has been a lot more

    I think that using MOLY as a bench mark for all is a mistake as the speculators and even MORGAN ramped this stock to unbelieveable highs. Stupid really, as when MORGAN downgraded this over price MOLY then it dragged the markets down. Stupid again as they were not comparing apples with apples . ie who’s close to market, who has LREE – who has HREE.

    But no they just push the whole market down – stupid really.

    For anyone thats done their homework – who has HREE, who is close to market, who has contracts signed ??

    hint = starts with L and ends in S

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