NORD is sold, and the buyer is....
posted on
May 04, 2015 10:24AM
Combining Classic Mineral Exploration with State of the Art Technology
...an Asian-based international trader in metals serving demand in China. This aquisition is curious as it suggests that Johnson Camp is meant as only a toehold in SE Arizona, noting the buyer - a private company - does not appear to have any other interests in this hemisphere, and the facilities include not only a mine, but also a processing plant capable of accepting ore regionally.
Look how close Johnson Camp is to major shipping ports in Southern Califorina. Think these people may want to expand Johnson Camp by processing ore beyond Nord's recent production?
...looks to me as if a major new player has arrived is SE Arizona, one that may play unexpected rolls in new mining development here.
As JB said, stay tuned.
https://www.linkedin.com/company/psons-ltd
VP