Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: If NOT drilling didn't hit; it may be telling folks everything is then FNC's.EOM
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Re: If NOT drilling didn't hit; it may be telling folks everything is then FNC's

posted on Apr 04, 2008 06:01AM

I think Dick  would like to  have the  core  area.....  which includes  FNC and  PRB's  next to the   initial deposit consolidated.... I have  mentioned this   some time  ago with   proposal to  take  NOT  stock  in  exchange...... this  could be  dividended out.....  thus   upside   exposure to  all of NOT's   projects and the  downside  risk removed.

 If this was done, the  focus  would be in proving the  extension of the   deposit... rather than stratigic release of information.

I hope that  something  can be  negotiated to re ignite the  fire  in the  core companies......Volume is the  key..... both   volume of  ore and  volume  of   stock  trading  hands.....consolidation of these  3 would drive  both. Is this  Dicks new  vision?

 

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