NOVX21 Inc PORMF

RE: are we going to get another dime?

[pekim]

The next dime is a certainty. It was stated in the previous release. I still believe that the board must pay an "extra" special dividend at year end (or sooner). I have e-mailed Michael Boone ([e-mail]) and stated my case. State yours. Outlook The outlook for financial results from the remaining life of the Louvicourt Mine is positive. The success to date in development and extraction of ore provides confidence that the planned production of 1.1 million tonnes of 2.7% copper ore in 2004 and the balance of 0.5 million tonnes in the first half of 2005 should be safely and economically achievable. The strong demand for copper from countries like China and the United States is expected to continue which should continue to support the copper price. Cash flow from operations should therefore continue to accumulate until mid 2005 when current reserves will be depleted. Novicourt will have sufficient financial resources to pay the second semi- annual dividend in 2004, to provide its share of future closure and reclamation costs and to continue funding its share of the exploration programs. Beyond the short term, the future of Novicourt will depend on exploration results and/or other investment opportunities.