Northern Orion NTO(Amex) T.NNO Toronto Message Board

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Gold/Mining/Energy : Northern Orion NTO(Amex) T.NNO Toronto

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To: Metacomet who wrote (17)	7/19/2006 10:46:43 PM
From: dfloydr	Read Replies (1) of 32

I hope you did step up and buy some more NTO following your last post. I have followed the company for nearly three years. Your posted information is correct except in that they have added more $$$ to their bank account since then. I think we may see NTO start to get some recognition soon for the following reason. The Agua Rica ore body, some 20 miles south of the existing Alumbrea mine, has been determined, through some $55 million of drilling, to be huge. A BFS (Bank Financing Study) has been prepared by consultants. It was presented to the company internally some time in June. David Cohen, president, said at the last conference call that it would be studied and then presented to the Board for consideration and approval at their meeting at the end of July. I believe he said that that would then enable them to go about raising the financing they will need to open up Agua Rica. Once that BFS is accepted by the Board and once it starts to be seen by lenders, I think a few folks will start to see what is lurking in NTO's future. Note: the BFS study and justification is premised on copper at $1.20.

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