nkathanks for panic sell. i picked up some at .11c and 30k at .28 today and will buy more...and news came out at 7.30 pm
VANCOUVER, BRITISH COLUMBIA, Sep 24, 2009 (MARKETWIRE via COMTEX News Network) --
NanikaResources Inc. (TSX VENTURE: NKA)(FRANKFURT: C7X) is pleased toannounce it has acquired additional property adjacent to its Indiproperty in the Stewart Mining Camp.
These claims are inaddition to the acquisition of claims that were announced by Nanika bynews release on September 18, 2009 (available athttps://www.nanikaresources.com).
The three claims are owned100% by Nanika and consist of 178 acres. Two of the claims arecontiguous to Nanika's current Indi property and the third property iswithin approximately 500 meters.
These properties are adjacentto the property that Ascot Resources Ltd. is currently working. By newsrelease on September 22, 2009 Ascot announced drilling results of 11meters of 50 grams per tonne gold.
Derrick Strickland, P. Geo.,a qualified person under National Instrument 43-101 has reviewed thetechnical content of this release.