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Gold/Mining/Energy : NORTHFIELD MINERALS (NFM-TSE)

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To: Steve who wrote (92)10/15/1998 1:16:00 PM
From: Winzer  Read Replies (1) of 113
 
Steve, These things happen. I guess the cash infusion by the German investor(s) was for something positive. The idle appearance was possibly while they were looking over the cores and doing the analyses. I did manage to make it through the PR and while I was impressed with the orebody potential, the last paragraph (reproduced here for clarity) means a lot more to me than the reserves to date:

"Fort Knox has issued 10,690,172 common shares to date, of which
its major shareholder, Inco Limited of Toronto, owns 21.5 percent.
Terry MacGibbon, the President and Chief Executive Officer of Fort
Knox was previously the Director of International Exploration for
Inco and was also responsible for Inco's transactions with junior
mining companies." <EOQ>

Meaning that this association with Inco and Fort Knox may be more positive for NFX that previously presented. Comments?

Cheers Winzer
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