Good one Sum!
I would interject that the mere mention of NOT in the MAO release sunk their shares 12% today....the "anti-midas" touch, lol.
In all seriousness this transaction will give us a good indicator of how well the NOT board does negotiating of Eagle Hill. It will show investors what the precurser to future financing-negotiating will bring from this lot Many here, like mynot bought in for the fantastic grades at Eagle Hill.
Actually I was in Noront for the Tungsten at Burnt Hill.....anybody remember that???
JV with Cadillac Ventures that we still have but....... never hear about!!!
As if it they can fly so far below the radar...but mynot knows!
This Tungsten property is now back in focus and it's valuable. The NOT board is considering selling 14% of our 49% interest in this deal, as Cadillac currently owns 51%.
The deal would only bring in $500,000........I say "no deal" until the PA is completed!!
Links below to Burnt Hill stuff:
http://www.eresearch.ca/_report/CDC_102412-U.pdf
http://www.cadillacventures.com/i/pdf/2009-09-09_BurntHill_NI43-101.pdf
All the best,
mynot