Noble Mineral Exploration Inc. V.NOB

Alternate Symbol(s): NLPXF

Metals & Mining Industrial Metals & Minerals

Noble Mineral Exploration Inc. is a Canada-based junior exploration company. It is engaged in the exploration and evaluation of mineral resources. It holds over 25,000 hectares of mineral rights of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81, as well as an additional 11,000 hectares in the Timmins area and 14,400 hectares of mining claims in Central Newfoundland. It also holds it-14,600 hectares in the Nagagami Carbonatite Complex and its 4,600 hectares in the Boulder Project both near Hearst, Ontario, and its 482 hectares in the Cere-Villebon Nickel, Copper, PGM property, its 3,700 hectares in the Buckingham Graphite Property, its 10,152 hectares in the Havre St Pierre Nickel, Copper, PGM property, its 518 hectares in the Laverlochere Nickel, Copper, PGM property, all of which are in the province of Quebec. The Holdsworth gold property is in the northeast of Wawa, Ontario. It also has 240 mining claims in Mann, Duff, and Reaume Townships.

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Noble Mineral Exploration Inc.

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Post by dbeliteson Jan 27, 2014 10:47am

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Post# 22137548

DD Closes Wednesday 29th

As per their releases (4/2013) for Block A the NPV of the Merchantable timber is 10.9mil. The Unmerchantable timber (young growth) has a NPV of 9.2mil with a future value of 25.8mil. If I'm doing my math correctly that would be a total of between 21.1 and 36.7mil. That's a per share value between of .136 and .236 based on 155mil outstanding. Not to say we'll get that, as I have no idea what's being negoatiated, but it's a bit more then the .045 we're trading at now for ALL the assets not just Block A timber.

Could be interesting over the next week or so.

IMHO

dbelites

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