I have to give Nemis credit. Another JV signed up where a company takes all the risk of drilling on some of NOT's claims and NOT retains not only a 50% stake, but gets cash to boot. What a cash cow this is, well done Dick Nemis.

http://www.adviceforinvestors.com/$main$nobody,,20036138$9a4b7d827c29/press_release.phtml?symbol=LGD&_time=20080204171502