Northisle Copper and Gold Inc V.NCX

Alternate Symbol(s): NTCPF

Metals & Mining Industrial Metals & Minerals

Northisle Copper and Gold Inc. is a sustainable mineral resource company. It owns the North Island Project, which is a copper and gold porphyry project in Canada. The North Island Project is located near Port Hardy, British Columbia on a more than 34,000-hectare block of mineral titles 100% owned by the Company stretching 50 kilometers (km) northwest from the now closed Island Copper Mine operated by BHP Billiton. The claim block includes two defined resources at Hushamu and Red Dog, and numerous additional copper and gold porphyry targets. The Hushamu Deposit is a high-level telescoped porphyry copper-gold- molybdenum system containing a significant rhenium content. The Pemberton Hills target is within a 6.5 km long by 1.5 km thick area of high-level, advanced argillic alteration within Mesozoic-age andesitic volcanic rocks in an early-stage exploration zone. The North Island Project includes several relatively untested targets, including Northwest Expo, Goodspeed and Macintosh.

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Northisle Copper and Gold Inc

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Comment by raknrevon Feb 06, 2009 5:46pm

488 Views

Post# 15759850

RE: RE: RE: RE: Re: watch NCX.....

Here's an excerpt from they're 01/21 press release.

-- Although we would find purchase of our $250 million bonds due April 1, 2009, attractive at current prices, consistent with our insider trading policy we do not intend to consider purchasing any bonds until next week's release of our fourth quarter 2008 results.

I would be surprised if they haven't bought a bunch with the big drop since earnings release.

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