Gold, Platinum, Nickel, Copper and Base Metal Exploration
Active in resource exploration throughout Ontario, New Brunswick, Quebec, China and Mexico
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Noront Resources > Message
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Re: DE1 Spinoff ??...dony CMP....

Posted by: sag4tag on May 09, 2008 03:24PM

In response to: Re: DE1 Spinoff ??...dony C... by A&A

Jondefur, It is true that essentially the 50 million or so in the last PP, was based on DE. But 20 some million was raised for Windfall and other projects which no doubt was redirected into an accelerated drilling program at DE when NOT hit big time. So from a balancing books point of view, NOT could spin off DE from NOT and justify a big chunk of change left behind in NOT's bank account.
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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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