NiSource Inc T.NI

Primary Symbol: NI

Utilities Utilities - Diversified

NiSource Inc. is an energy holding company. The Company operates through two segments: Gas Distribution Operations and Electric Operations. The Gas Distribution operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc., provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 55,000 miles of distribution main pipeline plus the associated individual customer service lines and 1,000 miles of transmission main pipeline located in its service areas. The Electric Operations segment generates, transmits and distributes electricity through its subsidiary NIPSCO to approximately 0.5 million customers in 20 counties in the northern part of Indiana and is also engaged in wholesale electricity and transmission transactions. It has four owned projects: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, and Dunns Bridge I.

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NiSource Inc

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Comment by riverrockon Nov 24, 2009 1:29pm

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Post# 16518678

RE: RE: it's mind boggling

Good poin bgnickelt, Osisko has Proven & Probable grade at 1.07 grams/tonne, or a value of $37.90 per tonne after 95% recovery.

Although we are not at Proven and Probable our Measured and Indicated grade of 0.43% NI at 59% recovery is
0.0043 x 0.59 x 2204.6 x $7.50, or about $41.94 per tonne.

Then there are the metal byproducts and the importantly, the Frac Sand.

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