Gold, Platinum, Nickel, Copper and Base Metal Exploration
Active in resource exploration throughout Ontario, New Brunswick, Quebec, China and Mexico
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Re: Funding for both companies - Herb......

Posted by: johndefur on May 09, 2008 03:01PM

In response to: Funding for both companies ... by herbertwiebe

thanks for your detailed explanation....it actually similar to what I'm saying...NOT is NOT as one comapny...It could spend any of it's money on any property that showed promise...when that initial 12 Million was raise @ 50cents with warrants @ 75 , Wiindfall was the "prime" property, but still NOT could spend some of it on any property it thought was promissing...aka...DE..my differing point is that as long as NOT is ONE Company the moneys raised were for that ONE company, and this new PP and warrants raised this year was mostly raised for ROF/DE, although NOT could still use some of it for it's other properties, since the PPs I am certain mentioned all NOT's other properties...but my bet the majority of the PP was all about ROF/DE....Windfall was off the headlines...btw...Thanks for reminding us that Windfall raised the funds for the Ramp...

However, once you decide that ROF/DE is to be spinned off, the $50 million ++money raised, becomes an "issue"...How much raised for each Property, and that's wherein lies the problem...My guess was most of it would go to ROF/DE, since most PP incestors were doing so for ROF/DE....they could have a HUGE voice on this...,So that NOT exROF/DE would NOT be able to access ROF/DE moneys, they would have to raise more money for the new NOT exROF/DE ...in any event my main point was that there was an easier way to give these two valuable properties their true market values ..RE spinoff of Windfall...

In any event this is all "speculation" no one here really knows what NOT will do or not do, with regards to this issue...but as I say that was/is my guess...anyway this goes, it's all good news for NOT...

IMCO

JD*

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Executive Address
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Richard Nemis
President & CEO
April 28, 2008

Mr. Nemis provides an executive address on current Company developments.

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