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Gold/Mining/Energy : NDT VENTURES -- Ignore unavailable to you. Want to Upgrade?

To: Enigma who wrote (932)1/4/2001 9:32:50 PM
From: Elizabeth Andrews  Read Replies (3) | Respond to of 992
 
Insiders own almost zero but have 1.2 million shares under option at 38 cents. Company has 25.6 million shares issued.
The net market cap at 15 cents is about C$1.7 million as the company should have about C$3 million in cash or about 12 cents net of the property. So, charred is correct. There isn't much downside here unless they blow it all on Antana and it isn't economic. My error. Apologies to charred.



To: Enigma who wrote (932)1/4/2001 10:53:03 PM
From: charred  Respond to of 992
 
The time for the scoping study depends on the company. A major drill program with metallurgical studies could be completed in 6 months and the study completed by September.

I do wish the insiders own more shares.


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