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NAMIBIA RARE EARTHS INC V.NRE

"Namibia Rare Earths Inc is engaged in the business of exploration and development of rare earth properties in Namibia. The company holds an interest in the Lofdal Rare Earths Project, which covers an area of more than 400 square kilometers located to the northwest of the town of Khorixas in the Kunene Region of north-western Namibia. It primarily explores for rare and precious metals and minerals. Geographically, operations are carried out through the region of Canada."


TSXV:NRE - Post by User

Bullboard Posts
Comment by boffoon Jul 13, 1999 9:07pm
91 Views
Post# 916629

RE: The start of a wild ride

RE: The start of a wild rideIf NRE really does have an internet deal then why is our leader Mr Zuber spending all of his time and our money fighting over a property that NRE never spent a dime on??? I have talked to a securities lawyer about the 5 to 1 role back that was approved at the 1998 AGM and he tells me that because NRE cancelled a bunch of escrow stock thereby altering the share capitalization of the company that any role back that is now done will be against the securities act. What a horror show this stock is. I wonder if I will ever see my money back? boffo
Bullboard Posts