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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Post by riverrockon Mar 03, 2014 3:20pm

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Post# 22274223

Isn't Mr. Alireza Moghadam connected with A&M International

Isn't Mr. Alireza Moghadam connected with A&M International Ltd? ("A&M" is a major Victory Nickel shareholder with about 44,178,500 common shares of Victory). I believe they are part of AMIDT Group, a privately-held company that is focused on the physical production, engineering and trading of ferrous and non-ferrous metals, minerals, chemicals, alloys and scraps with Headquarters in Dubai, UAE.

I hope relations are still good as down the line Victory may need support from AMIDT Group. Victory should keep good relations with both AMIDT Group and Nuinsco Resources Limited.

Perhaps AMIDT Group through A&M International Ltd plans to take a larger stake in Nuinsco Resources Limited, even outright ownership.