First list of questions:
1. NPEC Personnel.
Les Price. What are the names of the companies he has work for in the past?
Malcolm Fraser. What is his education and experience in mining geology?
Larry Regis. What is his background and what other companies is he involved with?
Who is I. Dow and what is his involvement with NPEC and MXR?
Who are the members of the Board of Directors?
How many people are employed directly by NPEC?
2. Share Information.
How many Preferred Shares have been issued and are still outstanding?
What is the name, address, and phone number of the registrar of the
preferred share issue?
Who holds the Preferred shares, how many, and when must they be converted.
How many Reg. S shares have been issued, when were they issued.
Who were they issued to and for what purpose.
How many Reg S. shares have been converted.
We are now at about 62,000,000 common shares, beyond the initial offering,
what were these shares issued for specifically the ones in August, September.
and December.
3. Ecuadorian Oil.
Can you give us some background on how NPEC was able to acquire the
interest in this property?
What did it cost and how was it financed?
Was the $239,000 mentioned in a previous news release in the form of
cash or was it credited to pay off the purchase?
What was the income from August, September, October, and November?
What is the estimated income for 1997? 1998? ...
4. Metoplus Communications
How was the is property financed.
What have been the revenues/profits for the latest quarter/year.
Who is managing the company.
5. Melrose Mining Company
In addition to the properties listed in the July news release:
Rocky Creek, Charleston, leftface, rightface, and Mineral Mt, are
there any other mines involved in this purchase.
When will the mines start producing?
What are the estimated reserves?
What is the expected recovery cost?
6. Utah Oil Wells
Do we still own any oil wells in Utah?
If so, where are they and how much are they producing.
7. Indonesia (Kilamantan) Property.
What is the current status of this property.
Apparently we had the option of taking a finders fee ($) or a share of
the property. What was the value of the finder's fee?
8. Chilean Copper - Mina Milgrosso, Mina Claudia
Can you give us some background on how NPEC was able to acquire the
interest in this property?
What did it cost and how was it financed?
What is the schedule for production in 1997?
What are the estimated reserves?
What is the expected recovery cost?
9. Chilean Gold - Andacolla Property
Can you give us some background on how NPEC was able to acquire the
interest in this property?
What did it cost and how was it financed?
What is the schedule for production in 1997?
What are the estimated reserves?
What is the expected recovery cost? |
