RE: RE: NOX BEGINS PROGRAM ON MARBAN BLOCK I see the other side of the coin. I'm more pessimistic :
"In light of Aurizon's ongoing review of the Phase II data, Niogold has agreed to fund the exploration program at this time. The parties have further agreed, however, that upon Aurizon's decision to proceed with the Phase III program, Aurizon will immediately reimburse Niogold for the costs of the exploration program"
What I read into this statement is that Aurizon, as of January 2013, is STILL unsure about the value of phase 2 results after months of reviewing. Niogold may be sensing they'll pull out, and that they better start generating some results on their own in order to attract another partner soon...
IMHO, but I don't really like this news.