GETT Gold Inc V.GETT

News!!!!!!!!!!!

[massimiliano]

https://www.stockhouse.com/news/press-releases/2017/11/02/nippon-and-val-d-or-resources-team-up-in-strategic-partnership-agreement

Brossard (Quebec) / TheNewswire / November 2 nd , 2017 Nippon Dragon Resources Inc. (“Nippon” or “NDR”) (TSX-V Symbol: NIP ) , is pleased to announce the confirmation of its strategic partnership agreement with Val d’Or Resources (VOR). The partnership agreement will enhance Nippon’s position as an industry leader with its exclusive and patented thermal fragmentation technology.

 

Through the creation of a new entity, Rocmec Gold Inc., the new partnership is expected to significantly expand Nippon’s reach within Canada and other key markets. In the joint venture, NDR will contribute certain assets and resources, while VOR will contribute 16 million CDN dollars incash

image: https://cdncache-a.akamaihd.net/items/it/img/arrow-10x10.png

 based on a predetermined schedule, which at term will allow VOR to acquire a 49% interest in the joint venture.

 

 

The partnership is a strong strategic fit, leveraging both companies’ respective strengths, which at the outset will target three main objectives:

- Re-activate the Rocmec 1 project, including paying off its first rank mortgage;

- Exploration diamond drill campaign on the Denain project and production of a 43-101;

- Acquisition of a percentage of the patents pertaining the thermal fragmentation technology

 

“Today’s announcement is a major milestone for Nippon and its shareholders. This partnership will help develop and deliver the full potential of our technology by giving us the required financial backing, strong management and a solid business foundation. Val d’Or Resources Inc. is the perfect partner to help us fully realize our long term goals and objectives.” stated Mr. Donald Brisebois, president & CEO of Nippon Dragon Resources Inc.

 

About Nippon

Nippon is active in the exploration and the development of gold resources in Quebec. The Corporation holds a gold property with resources recognised in accordance with NI43-101 and also an exclusive license for the Thermal Fragmentation mining method.

 

The company’s growth strategy is based on:

• - The development of its gold deposits with the objective of producing revenue from its operations;

  - Increasing the value of its mining assets by prioritizing the exploration targets; and

  - The commercialisation and employment of its thermal fragmentation technology.

Read more at https://www.stockhouse.com/news/press-releases/2017/11/02/nippon-and-val-d-or-resources-team-up-in-strategic-partnership-agreement#eUhuHG62ElF4ih3l.99

[emile33]

This is a important step for us all... Cheers

[massimiliano]

Yap but ones again is oly bla bla bla..we need to see de join venure done, the cash get in etc..i think this is only strategy x keep the investors et creditors quiete.. i ask mr. Stella :  If you are not encouraged by 2 excellent press releases in the same week with more to come, well then, there is not much more that I can do for you. this is his answer at my question when they will

[emile33]

Well give them time to deliver.....

[anon3]

What is very impressive in this NR, the lack of details. Also somewhat deceptive when after Val d'or they put (VOR)....Val d'or is a listed company in what exchange?....lol Lets pump this puppy all the way $2/SH

[massimiliano]

2$? is unrealistic.. the stock market doesnt seem appreciate de news..not much.. Mr..Stella we need to see the meat on the BBQ, the cash $$$$$ come in...untill now only words..

[anon3]

$2/SH unrealistic......so is the dream of $16m to get this back into production, pay down a mortgage unknown $ amount, explore and drill Denain, acquiring more land and some tf patent issues. They will need $2/SH so they don't TF the share base any more.

[emile33]

If this machine is starring to make money $ 2 can be cheap.... but Thats key now they have to show us the value now. And not another year of no revenue from mining gold . Excuse credibility is gone now. Act now !!!

[anon3]

Now I was being sarcastic about pumping this all the way to $2/SH. Emile33 have you heard of market cap? at $2/sh NIP would have a MC of $300m plus add in VOR 49% and any more share dilution.....heck we may a BILLION $$$$$$$ MC

[emile33]

The network pretty worldwide is in place. Technology is working (16 m. Invested) so we will see what will happen

[massimiliano]

16 milion are nothing, the company have 55 milions of debts, im expecting some other major income, hope from  Arizone looks like is working, the porspectus is goo, join venture good solution but dipens of the invest et the good timing, Mr. stella et Co are Wise, now thei need major credi-time from creditors et share holders..i hope a major will invest some big capitals, Money are the only

[Chris003]

If I’m not mistaken, they have a $55 million working deficit, which is different than liabilities. They have lost that much in all of their activities (progressing Rocmec1, etc.), but they don’t owe anybody that money. In  fact, I think they may be able write that amount off if/when they start paying taxes on profits. It’s been a while since I’ve looked at their financial statements, but I