Bruce Durham JV strategy

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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seawind

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Bruce Durham JV strategy

posted on Oct 14, 2008 11:27AM

It is curious that Rousseau Asset Management (RAM) is knocking Noront strategy of JV's. -Noront has severely diluted its McFaulds Lake claims position by entering into at least 11 different option agreements....

while at the same time one their proposed board members (Bruce Durham of Temex) follows the same strategy i.e. - Temex Resources Corp. announces that they and partner East West Resource Corporation have entered into a Letter of Intent with Gee-Ten Ventures Inc. whereby the Companies grant to Gee-Ten the option to earn up to 65% interest in the North Trap Property in the Noront-McFaulds Lake area of the James Bay Lowlands. How many JV's does Temex have?

Irwin is speaking out of both sides of his mouth - he wants Durham who is pursuing the same strategy, but it is no good when Nemis uses it??!!??