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Author Topic: NIOGOLD - NOX  (Read 13777 times)
MRG_WPG
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« 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
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