Hard to get excited about spin off
Scattered assets and holds a million in cash. Assaysthey reported not that amazing to me (I am not an expert and would be happy to be corrected). Can't see how thay can accomplish that much. Sounds like they will focus on Golden Triangle but I cannot quite see how they will move that ahead with a million dollars. Unless they partner with someone or find some other source of capital. I think it is a bit of a distraction and I wish they had sold it for a million dollars and just focused on Nisk, rather than tossed a million in the newco. Anyway Terry is right that this was being given no valuation in PN share price. But I don't think it will have much value sitting in a newco either. Anyway, looking for the results of the last four summer holes and a robust discussion of current model of Nisk deposit and details of the big upcoming 30,000 meter drill program which should answer lots of questions. We still do not have the CVMR feasibility study on the nickel powder project.(in Amarillo Texas of all places). That was supposed to be rekeased end of September but was moved back to end of October to make some revisions.