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Greystone Housing Impact Investors LP V.GHI


Primary Symbol: GHI

Greystone Housing Impact Investors LP is engaged in acquiring, holding, selling and otherwise dealing with a portfolio of mortgage revenue bonds (MRBs). The Company's segments include Affordable Multifamily MRB Investments, Seniors and Skilled Nursing MRB Investments, MF Properties, and Market-Rate Joint Venture Investments. The Affordable Multifamily MRB Investments segment consists of its portfolio of MRBs, governmental issuer loans (GILs) and related property loans that offer construction and/or permanent financing for multifamily residential and commercial properties in their market areas. The Seniors and Skilled Nursing MRB Investments segment provides acquisition, construction and permanent financing for seniors housing and skilled nursing properties. The Market-Rate Joint Venture Investments segment consists of its noncontrolling joint venture equity investments in market-rate multifamily properties. The MF Properties segment consists of student housing residential properties.


NYSE:GHI - Post by User

Post by wofatson Sep 21, 2010 4:00pm
601 Views
Post# 17475690

Mr. James Jacuta reports

Mr. James Jacuta reports

Nanika applies to start drilling at Red Cliff East

2010-09-21 15:49 ET - News Release

Mr. James Jacuta reports

NANIKA'S RED CLIFF EAST DRILL PROGRAM

Nanika Resources Inc. is pleased to announce that a work permit application has been submitted to commence a drill program on Nanika's 100 per cent owned Red Cliff East Property.

Nanika's Red Cliff East is located immediately adjacent to the property currently being worked by Decade Resources Inc. (TSX-V:DEC). Decade's "Montrose Zone" is approximately 400 meters away from Nanika's property.

Decade has today announced results including a 0.3 interval of 2847 g/t gold and 18 meters of 49 g/t gold. These results confirm the high grade nature of the structure in the area. Other Decade intercepts included 24.7 metres grading 20.87 grams per tonne gold with 2.13 metres averaging 142.2 grams/tonne gold. The intersections are believed to represent 70% of true width. Results for a further 24 drill holes testing the Montrose zone are pending and Decade is currently planning follow-up drilling on the Montrose zone this season. The Montrose zone is accessible by drill road and is within forest cover that will allow for drilling through the remainder of the year. Accordingly, the site is being readied for freeze up conditions. (For full results please see the Decade Resources Inc. news release of September 21, 2010).

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