Nortec Minerals Corp V.NVT

Alternate Symbol(s): NMNZF

Metals & Mining Industrial Metals & Minerals

Nortec Minerals Corp. is a mineral exploration and mining project development company with a portfolio of gold, copper, and lithium assets in Scandinavia. It is engaged in the acquisition and exploration of mineral properties. It owns a 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 417 unpatented mining claims having a combined area of over 8,500 hectares and is located over 80 kilometers (km) northeast of Ignace, Ontario. It owns a 100% interest in the Mattagami River Zinc property, which comprises 43 unpatented mining claims having a combined area of over 700 hectares and is located in Agate and Tucker townships of the Porcupine Mining Division of Northeastern Ontario, over 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

Nortec Minerals Corp

Bullboard Posts

Post by mover1on Jun 09, 2006 11:12am

256 Views

Post# 10968582

.12 cent Private placement

I was disapointed that NVT did the ¨Private Placement at .12 cents and such a large amount of stock as well, what will that do to the dilution. Obviuosly the investment community thinks that the Equador property is not worth more than twelve cents a share on a PP, or they would have done it higher. so zI think that is the most the stock is worth and the management of NVT must think the stock is worth that as well.

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