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Gold/Mining/Energy : Northern Abitibi Mining (NAI-ASE)

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From: alenor5/8/2012 4:22:08 PM
   of 773
 
One year later still, and not much going on.
The shares barely trade at 3 cents.
But some good news, today:
"CALGARY, ALBERTA--(Marketwire - May 8, 2012) - Northern Abitibi Mining Corp. (TSX:NAI) ("Northern Abitibi") is pleased to announce that it has received a payment of $100,000 from the Newfoundland Junior Exploration Assistance program in support of the Company's 2011 exploration activities at the Viking project. This incentive program is offered by the Government of Newfoundland and Labrador to encourage mineral exploration, and the contribution is greatly appreciated by the Company.

Northern Abitibi is currently pursuing a number of options to move the Company forward and maximize the value of the Viking gold deposit in this challenging market environment. Details of exploration plans or corporate developments will be released as soon as they are finalized..."

Perhaps worth some spare change?

alen
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