how many irons does NOT have in the fire?
posted on
Jun 09, 2008 08:45AM
NOT has 80- 100 people employed. Some are surveyors, drillers, secretarial staff etc etc. Some have very specific jobs such as working on mergers and acquisitions as was announced on Friday. As NOT is getting their 'ducks lined up' think of the many things they are doing.
1) dancing with a major or some majors for a % of the company
2) working on JVs with others in the ROF
3) working on Windfall
4) working on a TSX listing
They are working their **** off to get NOT to where it should be in as quick a time as possible. It will indeed be an exciting summer for what I think lays ahead. NOT investors will be very happy.
(is it possible the discussions with PRB were not about them drilling their land near Eagle One or even a JV but whether or not they owned the land. Maybe NOT thinks they have it, or part of it , staked) Shaquille