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Title: NIOGOLD - NOX Post by: MRG_WPG on February 13, 2011, 10:32:39 AM I have done quite well with my picks in the last year. I want to share one of my best picks that has not fired yet.... I do believe it will however and I am adding on to my position now when the price is low.
Reasons I like NOX: Exploration being done in one of the best regions in the world (Val D'or area in Quebec). NOX has struck a deal with a mid-tier Gold company called Aurizon - (symbols is ARZ). I think this is a brilliant arrangement because ARZ pays NOX for the privilege, spends their money on the NOX property (Marban block). In return ARZ would share in profits. I think this is a great idea instead of NOX diluting their shares to raise capital for exploration. Please note: The Marban block where they have this joint venture happening compromises only 10% of the NOX property. NOX does not have any agreements with anyone (at least not at this time) on the remaining 90%. I also like the location - this is next door to the Osisko property (symbol = OSK). Have you heard of Osisko ? - they have had spectacular findings. Here is some more information to help you do your DD. http://www.aheadoftheherd.com/Newsletter/2010/NioGold_Mining_Corp.htm http://wn.com/Rock_Lefran%C3%A7ois,_President_of_NioGold,_talks_to_Proactive_Investors |