Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Northisle Copper and Gold Inc V.NCX

Alternate Symbol(s):  NTCPF

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.


TSXV:NCX - Post by User

Comment by paljoeyon Mar 02, 2009 9:02am
395 Views
Post# 15813285

RE: Upcoming Week

RE: Upcoming WeekWith the world's economies getting worse each week and with economic indices continuing to show record, depression-era numbers, I doubt that a new offer will be made.

In addition, the deal is just a freindly deal , with plenty of wiggleroom for a back-out and no costs.

I got out on Friday at $7 , with a good profit and bought more Orvana ( ORV  at $0.75 )) which has over $120 million in cash ( $1.05 per share ) and produciing low cost gold with no debt, and more Gobimin ( GMN / $0.75 ) which sold out its nickle mines in 2008 for $115 million in cash ( $1.63 /share ) and is now waiting for the turnaround to put its low-cost copper mine into production.

When you can buy hard cash at these levels, the upside is quite good , while no downside risk due to cash and being debt-free.
Bullboard Posts