OTCPK:NGMBF - Post by User
Comment by
palladnon Nov 25, 2005 11:28am
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Post# 9914282
RE: Why?
RE: Why?And Ranger only will hold 20% of the property after feasability (plus 20% of the next door property). Maybe 10% if they dont pony up some $$$$'s for their 20% later on. Most likely through share issuance. (not for a while, though) But that would mean dilution.
Then again, since its a low cost type Uranium deposit NAG seems to have 'discovered' it wont cost much to mine it...
Plus, NAG has other properties while IRNG (Ranger) doesnt. See their website for this information.