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Message: NCRC

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Phosphate King

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Re: NCRC

in response to NCRC by bigphos

posted on Nov 12, 09 08:45AM

bigphos,

Onceagain you have spoken well. However I would like to hear an explanation from the company on why they are choosing to make large investments in other firms when they may need those cash reserves for other mining related operations to bring their phosphates to market.

Also, if LGDI now owns ~20% of NCRC which is a privately held company, when will those assets become a liquid investment that could be pulled out if the cash were needed for other LGDI related operations. Is NCRC scheduled for an IPO or listing of some sort, and when?

Should we be tracking NCRC as a possible direct investment opportunity in the near future. If it is a Gutnick controlled company that will further operations at the Acadian Zinc or Gold mines this could become a great investment. Gold is flying high and this might be a company to follow closely.

Lets' keep the information flowing ...

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