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Message: Documents filed

Documents filed

posted on Nov 26, 2009 12:44PM

According to the documents filed, SNO decided not to explore the Wire Claim. The following excerpt is from the financial statements, Mineral Properties (4d),

"As of April 30, 2009, Challenger failed to complete any part of its commitment and the Company terminated the option. The Company decided to not proceed with the exploration of this property and has written of the carrying values at the year end."

I presume this is because they didn’t have the funding without the partnership with Challenger.Reading further, it appears that they might be more interested in exploring the 4 claims they have acquired on Simpson Island, further south in Great Slave Lake.

BGT

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