Ceteris is never paribus, everything everywhere is unique ... but i suspect that Novagold has been recently more successful at promotion than has National ... which really got whacked back there in March when this release came out, because it instilled strong Fear of Financing in folks -
'National Gold Corp NGT
Shares issued 5,175,000 Mar 9 2001 close $.450
Friday Mar 9 2001 News Release
Mr. Albert Matter reports
Placer Dome Inc./Kennecott Minerals Inc. and National Gold have rescheduled the closing of the sale and purchase of the Salamandra property to March 23, 2001.
To facilitate the completion of the transaction and to allow National to complete its $5.2-million special warrant financing, the vendors will defer all of the capital payments scheduled for the closing by 120 days. National will make a non-refundable good faith payment of $200,000 toward National's July, 2001, payments and it has agreed to be responsible for carrying costs and certain interest payments associated with the project in the interim. The acquisition of the Salamandra property and the private placement are subject to the approval of the Canadian Venture Exchange.
(c) Copyright 2001 Canjex Publishing Ltd. canada-stockwatch.com '
Now it's different - acquisition resolved, no imminent cash calls, a motivated old-timer on board for half the deal, a new flavour to the PoG, and Matter fairly vindicated by the position he's maneuvered into .... a market cap of three millions loonies for this? - ridiculous, it won't last - stockcharts.com
ply.v - just about time for a drilling announcement? ... i still have never got the shares i intended to over the summer, if it wasn't the chart getting in the way it was distraction by some other bright shiney object ... but it's coming time for this one, n'est-ce pas |
