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Gold/Mining/Energy : Nuvo Research Inc

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To: Joe Krupa who wrote (12191)	3/6/2003 6:39:19 PM
From: axial	of 14101

Joe, I'd like to add an important clarifying post by eagler27 on SH... "Oddly enough Dmx has taken a more conservative disclosure route than is being suggested by the OSC. Dmx has shown $55.7M as a liability..the Osc is suggesting it be shown as equity. This would significantly improve DMX balance sheet. DMX has shown the $55.7M liability on an undiscounted bsis....OSC is suggesting the liability(equity) be discounted to net pv, an amount probably in the $48.5M range. Looks like DMX has taken the high road and any OSC changes would only enhance their balance sheet." stockhouse.ca

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