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: Prominex investment etc...

Prominex investment etc...

posted on Apr 07, 2008 03:17PM

As per 'Outlook' section (p.7) of latest MD&A:

"The Company continues to be quite optimistic that its investment in Prominex will yield good results in the near term"

In October 2007, NIS-v participated in Prominex (PXR-v) PP @ 10 cents for a total of 8 million shares + 8 million warrants @ 10 cents. PXR-v volume picking up and traded at 17.5 cents today. Very thinly traded much like NIS-v. Volume could push price up dramatically IMO.

Plus Pine Cove PRODUCTION this month... plus $1.5 million Glover Island exploarion this summer by Crew Gold... plus Sims Basin uranium exploration?!... plus... plus.

red911

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