OTCPK:NOXOF - Post by User
Comment by
MrMonkon Mar 04, 2013 8:18pm
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Post# 21077051
RE: RE: RE: AURIZON ENTERS INTO DEFINITIVE AGREEME
RE: RE: RE: AURIZON ENTERS INTO DEFINITIVE AGREEME Will be interesting to see how all this plays out. I suspect this new development will further distract (delay) ARZ from a decision on Marban. However, the clock is ticking and they'll eventually need to **** or get off the pot. It has been said many times that NOX is in a very good position regardless of what ARZ decides.
If ARZ/Hecla doesn't continue with Marban, I suspect that NOX will not be going it alone. My educated guess is that other potential partners are lined up at the door. Junior, intermediate and large miners need to replace diminishing production and deposits like Marban are few and far between. Hold on to your hats - we have quite a ride ahead of us if we can continue to be patient and keep our eyes squarely focused on the prize.
Does anyone know anything about Hecla? I know they're well-managed. Anything else that may give us clues as to their plans for Marban?
- MM