Copper-zinc exploration in the Flin Flon-Snow Lake VMS Belt

Recent Results Include 6.69% Copper Over 71.69 Metres and 3.74% Copper Over 21.77 Metres

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Message: Ni spin off
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Re: Ni spin off

in response to
Ni spin off
by
mbgld
posted on Jun 17, 2008 07:26AM

You are correct that the spinoff is a strategy to raise new financing. But that is extremely positive as the cash from the 40% comes with no dilution of the VMS shares. Since no value is currently attached to the the Ni properties, the move is accretive to shareholder value.

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