Noxopharm Ltd V.NOX

Corporate yr. end had to be done today.

[loonietunes]

Long weekend means no one will be in the office much past lunch!  To the point of the strip ratio while high, not the be all at this stage of the exercise.  We're at 1st base in my best guess on this play home plate is a long ways away from here, PEA,PFS, we may never get there, but the time for takeout has passed with a premium attached!  We were never on Heclas radar screen they're too busy trying to figure the mess they've bought themselves into ARZ wasn't a huge prize and in my opinion they overpaid.  Time will tell.

I'll just tell a short story about RDU which looked very much like we did this time last yr. Simon and his team, in my mind were on the verge of cash flowing from the JV partner and a small scale operation or being taken out by BTO which I own only because they took out Central Sun which I owned by takeover.  Now Radius has $20 mil in BTO shares to spend plus JV with FVI still in the hopper plus all the other ground.  RDU and NOX share 2 things lots of potential and guys who have played this game far better than I ever will.  When SH made their transition to the new format I suggested shareholders visit kitco to watch a video pub crawl at the end of PDAC because looking at the people will tell you way more than mere numbers.  I review it periodically to see if anything has changed.  What they said in March is still true now.  With only a 16 mil mkt cap I still expect these boys to do a raise shortly while dillutive in the short term the long term benifits outweigh the markets disdain.  What I'd really like to see is a shareholders rights offering with a discount to the 20 day + maybe a 1/2 warrant-it'd take the tax loss sellers out of the game as they're about to be ready to go in Oct.
Sorry bout that wasn't that short was it, but it's only 1 one many prospects we have here going forward