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To: Ed Ajootian who wrote (156434)9/4/2011 11:34:22 PM
From: Amark$p  Respond to of 206093
 
Thanks for your comments on Nimin.

Your views on water flooding are of interest. Yes, the CC stated 6 months to a year from start of water flooding to a peak production response and mentioned 1Q12 and 2Q12 as time frame to start seeing these results. (minute 43:30 of CC)



To: Ed Ajootian who wrote (156434)9/12/2011 8:08:24 PM
From: Amark$p1 Recommendation  Read Replies (1) | Respond to of 206093
 
Nimin, things that make you go hmmmm...

Per today's press release, the warrants expired and:
The remaining 6.09 million warrants expired without being exercised.

From the 2Q10 MD&A:
As at date of this MD&A [8/12/11], the following securities were outstanding in the capital of NiMin: Purchase Warrants 7,069,941and from the Subsequent Events of 2Q10 MD&A, an additional 258,500 warrants were exercised.

Thus, between 8/13/11 and 9/8/11 expiration, 720,000 additional warrants were exercised at C$1.55 which is interesting since the highest NNN share price was only C$1.40 during this period.



To: Ed Ajootian who wrote (156434)9/16/2011 4:49:27 PM
From: Amark$p  Respond to of 206093
 
double post/cannot get to format properly



To: Ed Ajootian who wrote (156434)9/16/2011 4:51:38 PM
From: Amark$p  Read Replies (1) | Respond to of 206093
 
Nimin, things that make you say hmmmm (part 2)

Nimin stock trading in the after hours, and the share price shoots up to $1.44 on 7,800 shares traded

Last 10 Trades

Time Price Shares Change Buyer Seller
<!--TSX-->4:10 PM EDT 1.440 100 0.130 039 001
<!--TSX--> 4:10 PM EDT 1.440 2,600 0.130 039 015
<!--TSX--> 4:10 PM EDT 1.440 1,000 0.130 039 033
<!--TSX--> 4:10 PM EDT 1.440 1,000 0.130 039 033
<!--TSX--> 4:10 PM EDT 1.440 800 0.130 039 001
<!--TSX--> 4:10 PM EDT 1.440 1,500 0.130 039 074
!--TSX--> 4:10 PM EDT 1.440 500 0.130 053 074
<!--TSX--> 4:10 PM EDT 1.440 100 0.130 079 074
<!--TSX--> 4:10 PM EDT 1.440 200 0.130 074 074

<!--TSX--> 3:59 PM EDT 1.350 800 0.040 001 085