Hi Fossil,

I would guess that the 29 claims aren't included as Noront did not mention this in their NR. It was only in Eagle's.

But it appears as though Southern Arc wants Eagle to consolidate everything into 100% ownership so their 26.2% share is clean. Dundee also owns 26.2% of the shares. So the 29 claims may be included. We need to ask management for clarificaction.

I think that the 50% partner is whomever took over the Murgor claims. I'll have to dig for that NR because it was a while ago and that's if I'm even right about this. Someone else may be able to weigh in here with more knowledge than I.

Disclaimer : I am small EAG shareholder.

Reason : Windfall - why I originally bought into Noront many years ago.

And it is funny that EAG never mentions hole #100, which was the glory hole that Noront hit and was at the time, if I'm not mistaken, the highest grade intercept ever in ontario. But they mention hole 196 a lot.......

Reminder : The 5th ROF Golf & Entertainment Classic on Sat. Sept; 14th in Niagara Falls at John Daly's Thundering Waters Golf Club, a lovely track. Come for golf & dinner or just come for dinner and enjoy one of the top bands in Niagara that we've arranged for the evening. I'll be doing my traditional Ring of Fire parody with the band ! Excellent food lined up and lots of fun ! PM me for details.

strato