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Nortec Minerals Corp V.NVT

Alternate Symbol(s):  NMNZF

Nortec Minerals Corp is a mineral exploration company. The Company is engaged in the acquisition and exploration of mineral properties. It owns 100% interest in the Sturgeon Lake VMS Property located in the Six Mile Lake, Bell Lake and Quest Lake township areas of the Patricia Mining Division of Northwestern Ontario. The Sturgeon Lake VMS Property comprises approximately 456 unpatented mining claims having a combined area of approximately 9,500 hectares and is located approximately 80 kilometers (km) northeast of Ignace, Ontario. It also owns 100 % interest in the Mattagami River zinc property. The Mattagami River Zinc Property comprises 35 unpatented mining claims having a combined area of approximately 735 hectares and is located in Agate and Tucker townships of the Porcupine Mining Division of Northeastern Ontario, approximately 50 km northeast of the town of Kapuskasing, Ontario. Its projects also include Tammela Gold and Tammela Lithium projects in southwest Finland.


TSXV:NVT - Post by User

Bullboard Posts
Comment by thatmareon Mar 08, 2008 1:06pm
203 Views
Post# 14619639

RE: Share Price

RE: Share PriceGood to hear some feedback from professional geologists. But that is a very vage interpertation of this project. One can say that about any project, especially with only 7 drill holes. The market is looking for numbers right now and thats what will push us up to the .80-1.50 range some sort of continued minerialization. NOT is trading at a market cap of 750,000,000 and the project might not be econmically viable. Anything above like high grade we could see 2-3 fairly quickly. Anything above that we would need NI or close to production.
Bullboard Posts