Junior mining company active in the acquisition, exploration and development of resource properties in Newfoundland (Gold) and Labrador (Uranium)

Gold PRODUCER (40% JV): 240,000 oz Au deposit + expansion potential; 16 MILLION shares of PXR-v

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Message: 21 cents!

21 cents!

posted on Mar 18, 2008 09:23AM

Some nice movement thus far today. If people want in they are going to have to pay the price as depth very strong. Nothing for sale through 28 cents.

NIS.v will have a 35% stake in gold production to start this month. ANX-v is the operator and will re-coup 100% of capital costs before NIS-v receives payout... but with gold at $1000+ that should not take as long as orignially expected.

Opportunity for significant reserve expansion as ANX-v has already stated that upon production they intend to initiate an agressive drilling campaign.

News release re: production start-up expected soon.

red911

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