National Gold (NGT)

[budfoxfun]

CEO Sean Folkson Exercises $120,000 Option to Acquire Shares of NGTF Above Market at $.30/Share https://smallcapvoice.com/nightfood-ceo-sean-folkson-exercises-option-acquire-shares-ngtf/

NGTF

[tonyu]

[pjf]

National Gold to square away debt with shares
National Gold Corp NGT
Shares issued 30,728,990 Jan 16 2003 close $ 0.39
Friday January 17 2003 News Release

Mr. James McDonald reports
National Gold has agreed to settle $88,910.26 in debt to trade suppliers in exchange for shares at a deemed price of 40 cents per share or 222,275 shares. The settlement is an arm's-length agreement and is subject to regulatory approval.
(c) Copyright 2003 Canjex Publishing Ltd. http://www.stockwatch.com

---------
More dilution of shares. At least it's at a decent price. Not sorry to see debt being paid either.

[marcos]

' National Gold $675,000 convertible debenture financing

National Gold Corp NGT
Shares issued 30,728,990 Jan 10 2003 close $ 0.38
Friday January 10 2003
Private Placement - Debenture

The TSX Venture Exchange Inc. has accepted for filing documentation with respect to a non-brokered private placement announced Oct. 21, 2002.

Convertible debenture: $675,000

Conversion price: Principal outstanding is convertible at a price of 29 cents per share allowing for a maximum of 2,327,586 common shares to be issued.

Maturity date: Oct. 18, 2003

Interest rate: 12 per cent

No. of placees: One placee

Pursuant to TSX Venture Exchange Corporate Finance Policy 4.1, Section 1.11(d), the company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).

(c) Copyright 2003 Canjex Publishing Ltd. http://www.stockwatch.com '

.... end quotes ... of course the money has long since been paid here, so posting this news is just a formality ... for those who don't know, Alamos is the placee, the money was at that time necessary to cover the property payment to pdg/Kennecott, and National had been unable to raise it, they'd just had a placement fizzle for lack of interest in the blah times of October last, this is what led directly to the merger [which had been promised a year previously anyway]

National lagging Alamos again this morning, .39 against .50 ... should be .425 when aas is at .50, according to the merger ratio ... Jackjc has shown up now on the new Alamos thread - #board-1446

[KastelCo]

Well my chips are in, I'm almost cashless here... Got to look at some MM funds I've stashed away. I have a feeling it may be safe to deploy a bit more in something more profitable now, I hope..

regards,
Kastel
A cute and cuddly Canadian

[marcos]

A dog? ... mmm, i dunno about that ... i would say a puppy, with very large paws ... that was pissing all over the floor as late as yesterday, eh -g- .... nice to see the action in the juniors today, i wondered when the day of first signs would come, turns out it was the 12th of the month .... last year it was the 18th, if memory serves .... i started a board for new Alamos, btw - http://www.investorshub.com/boards/board.asp?board_id=1446

How do you do shorthand for a board here ... hmm, experiment -
#Subject-1446 <-- 'subject' won't work here
#Board-1446
#board-1446 <-- don't have to capitalise it

[KastelCo]

Hi marcos,
Yeah, unbelievably it's looking as if all my recent additions across the board were timely :o)

Someone's calling the puppy a dog LOL....
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18330266

regards,
Kastel
A cute and cuddly Canadian

[marcos]

Average price so far today is .28, yesterday was .25 .... for Alamos today .34, yesterday .30 .... the interest is there, obviously

[edit] - looks like those numbers will need revision at end of day, they got bid up while i was typing -ggg- .... this morning i opined to a friend that not much would happen with gold until january, lol

[marcos]

That's great then, you can pass them to people ... good adverts for stockwatch at the same time ... thanks

Before monday open we should get releases out of both companies, since today was the end of the extended 'due diligence' period -

' Alamos, National Gold extend due diligence period

National Gold Corp
NGT
Shares issued 26,903,816
Nov 22 2002 close $ 0.26
Friday November 22 2002
News Release
See Alamos Minerals Ltd (AAS) News Release
Mr. Chester Millar of Alamos Minerals reports
ALAMOS & NATIONAL GOLD EXTEND DUE DILIGENCE PERIOD

Further to news reported in Stockwatch on Oct. 28, announcing the merger agreement, Alamos Minerals and National Gold have mutually agreed to extend the due diligence review period by two weeks, from the Nov. 22, 2002, completion date to Dec. 6, 2002.

It is expected that the merger will be completed by the end of March, 2003.

(c) Copyright 2002 Canjex Publishing Ltd. http://www.stockwatch.com '

[KastelCo]

Yep they work for me and I have no Stockwatch.

regards,
Kastel
A cute and cuddly Canadian

[marcos]

Did you try clicking on those sedarfiles urls, can you load them [while not logged into stockwatch]? ... i haven't logged out yet, so don't know if that works or not

Yeah, it's immaterial to me where ngt/aas go for the next ninety days really, it's just that this week i had ngt entered in Al's weekly penny race -g- .... i'm loaded up on it pretty much, and no matter what it recovers to before March it will see higher levels a little later imho .... the degree to which new Alamos will be an excellent no-expiry call option on gold is not recognised, i think .... today they were trading in sync, five-to-six ratio more or less, and at this level a person is paying roughly usd11/oz for the 1.2m ounces of high-grade easy mining at Estrella, while getting the other 2.0m ounces of Mulatos and the entire rest of Salamandra for free .... plus Chester Millar, that's a deal and a half .... over the weekend i hope to put together a post on share structure, figure out all the cash coming in on full dilution, that sort of thing .... but, time to drink beer now, friday chores doncha know .... cheers

[KastelCo]

Now I'm a bit torn here. Have another bid in still for some a .23 But if the sellings dried up that's fine too :o) :o)

regards,
Kastel
A cute and cuddly Canadian

[marcos]

Experiment - http://sedarfiles.stockwatch.com/sedar/viewsedardoc.asp?docid=321953
http://sedarfiles.stockwatch.com/sedar/viewsedardoc.asp?docid=320818

... looking to see if folks not logged into stockwatch can view these from their site, or do they have to go to sedar .... they are the 51-901Fs of National and Alamos, both posted to sedar 29 November ... looks like stockwatch has a programme set to pull them over to their server, works pretty well, very handy to link to directly from one's quotes page

[that's what they call Form 61s now, 51-901Fs ... why - well who knows]

[marcos]

Ever check out Pennaluna? ... http://www.penntrade.com i think ... quite a bit of discussion on it on various juniors threads, well-regarded as a way for US residents to play canuck shares .... not registered in all US states though, this is a problem for some ... those who are able and who have tried it among alternatives, tend to speak highly of it

Without limit orders you lose percentage on each side of the trade, unless maybe you could watch close for your chosen bid price to be the ask, or chosen ask to be the bid, but that would require constant attention and no small amount of luck ... i think the beauty to the juniors is that you don't have to watch them much, they are plays on fundamentals and seasonality, far too illiquid to trade most days no matter where they go, so caring about intermediate ticks is a waste of effort ... i try to buy almost entirely on the bid when it's slow, and sell on the ask when it's running with volume, using limit orders put in outside of market hours, often in the evening, partly for personal convenience, partly because intra-day additions to the depth attract more attention [my theory anyway, the latter] .... without limit orders though, man what an uphill battle

Borders just generally cause loss through friction, it's more expensive for us here to trade US than domestic ... for a lot i use TDW, it's the biggest house in the country and a good example, they charge the 'same' commission for both sides, only in the US they charge usd instead of loonies, so we're paying about 52% more right there .... almost the only thing for which i use my usd account with them lately, is in changing loonies to pesos, since they give quite a good exchange on cdn-usd, i just get a transfer out of the usd account, to whatever cambio gives the best on usd-peso [and they were not so bad themselves on usd-peso once this spring, next time i'm going to get a quote from them]

There are lots of co-listings down there, but because of this phenomenon they tend to be somewhat less undervalued than they otherwise would be, imho ..... that's just general impression .... one that's co-listed and recently changed down there from the bulletin board to the Amex, is mng.amex, we know it here as mae.to, Miramar .... good outfit, i don't hold any at the moment but am maybe on the verge of putting in a stinker bid .... using a limit order, of course -g- .... yes, if i were you i'd 1. look for a better broker, and 2. spend more energy looking for opportunity in the US, until the better broker comes along

National filed its 20F of course, you will have seen that upthread .... hard to say what CM's intentions are regarding a co-listing, i should ask .... it's a very good idea at some point for every successful canuck outfit, costs money though, and takes management time, so doing it prematurely could detract from building the fundamentals

Quite the ramp in the NazDow efforts eh ..... too steep to last, election- and fed-related, i betcha they end up lower on the week ... and maybe the yellow dog too, but that doesn't matter for now .... imho ... what matters is december to april, roughly from solstice to equinox, give or take a week or three

[Norma]

Thank you for those comments, marcos.

Yes, not being able to put limit orders on the small stocks is the primary reason I have bought more stocks that are listed in the US. Also, when I buy Canadian stocks that have a corresponding pink sheet symbol, it seems the market maker takes a bigger cut.

Greystar is just a gamble that I will put away for now. I loved that article you referenced!

[marcos]

Ah, that makes it harder when you can't use limit orders, and hang around at second-best or third-best bid, waiting for somebody to whack it ... on that day you should have been able to get ngt for usd.20, maybe a shade less ... same day i bought a few at cdn.30, as my bids below that weren't getting filled .... won't matter much in the end ... at that price a person is paying cdn.705 for the new Alamos, which won't trade much under one loonie, imho, especially as uncertainties get ironed out one by one .... things could go wrong, of course, that's always true, but at least the number of their possibilities is getting reduced

Dislike any of those? - nope .... Goldcorp we know here as g.to, vigourous promotion but also a competent and lucky company behind it, and that US listing helps a lot .... Elisabeth Andrews has some thoughts on it, on the SI Miramar thread, what she says is true imho but also irrelevant to its immediate prospects for shareprice - once you get really good promo going it feeds itself, snowballs

The Kinross, i have some ... did a bunch of stupid short-term trading in it recently, pretty much just a wash, now have a few tucked away, and not watching it much .... i still don't see why they wanted tvx, they must see in it something the rest of the world doesn't .... overall they've been competent though, so i defer to their judgment

Lots of political risk with the Greystar .. Colombia <shiver> ... lots of gold too though, and a professional approach ... you'll be aware of the connections between them and Kinross, eh ... also with tvx i think ... here's a stockwatch bulletin from june you might find of interest -

' Casey says buy Greystar for upside potential

Greystar Resources Ltd (2)
GSL
Shares issued 11,062,493
Jun 28 2002 close $ 1.82
Thursday June 27 2002
In the News
Douglas Casey, writing in the June 7 International Speculator, says Greystar Resources is a buy at 31 cents preconsolidation ($1.55 postrollback) because it has excellent upside. This is the first time Mr. Casey has commented on the company since Stockwatch began tracking his recommendations in January, 1994. He notes Greystar is seeking a financing partner for its Angostura asset.

Greystar has a market cap of $15.19-million. Its deposit has, at 0.5 gram per tonne cutoff, an indicated and inferred 96.2 million tonnes at 1.6 g/t along with 5.8 g/t Ag. Mr. Casey says the large, low-grade deposit contains 4.9 million ounces of gold and 17.9 million ounces of silver. In this issue, the inveterate gold bug pulls out all the stops in his enthusiasm for what he calls the inevitable gold-stock bull run. For those who neglected recent urgings to "back up the truck," he says the bull market has just begun. Mr. Casey says he expects the bull to run for several years. Mr. Casey adds, "By the time it's over every cat or dog that has 'mining' or 'resources' or 'gold' in its name will be selling for $5 or $10 or $50 a share -- much the same way anything with a 'dot-com' or 'net' in its name recently did."

(c) Copyright 2002 Canjex Publishing Ltd. http://www.stockwatch.com '

[Norma]

marcos, sorry I didn't make myself clear regarding the time of my entry. I got in on Monday morning, October 28th. I have to put in a market order to buy through my brokerage since they say they don't allow penny stocks. My price was $.22US.

OT: I also own GG, KGC, GFI, GLG, and GSL.TO. Do you dislike any of these? Thanks in advance.

[marcos]

http://stockcharts.com/gallery?ngt.v ... not a bad entry around here imho ... still might come some out in the .20s but i wouldn't bet on it .... last year ngt started slowly getting more healthy into november, then early in december began full recovery .... and it won't get ripe till spring imho - my main interest right now is to see it close at .40 or so tomorrow so i can win Al's weekly contest on SI -g-, but really it won't reach sellable maturity for months

September was pretty harsh, insipid bump up from summer trough and then another tankola ... partly uncertainty of the management issues now being resolved, but also the PoG wasn't helping much, most all of the juniors have tanked back considerable ... a blahh time

I did some rough numbers, figured at .30 ngt and .45 aas the combined market caps were 17-18 millions US ... this was fully diluted and of course cash comes in on full dilution, so really net net it's around 15-16 millions, maybe a shade less .. no matter, take usd18m and divide by the 3m ounces of Mulatos, you get a current market value for each ounce of 6 bucks US ... that is pretty cheap imho, especially when in the bargain you get somebody like Chester Millar, who will get financing if anybody can anywhere ...... Placer and Kennecott spent 30 millions US developing this property, now they've got the tax loss and we've got the mine ... sure hope we're the smart ones -g- .... cheers

[Norma]

Hi marcos, I'm back in.

[marcos]

' Alamos and National reach letter agreement for marriage

National Gold Corp
NGT
Shares issued 26,903,816
Oct 25 2002 close $ 0.30
Monday October 28 2002
News Release
See Alamos Minerals Ltd (AAS) News Release
Mr. Chester Millar of Alamos Minerals reports
ALAMOS, NATIONAL GOLD REACH AGREEMENT TO MERGER

Alamos Minerals and National Gold have entered into a letter agreement to merge the two companies by way of a statutory plan of arrangement to create a new company, Alamos Gold Corp. Alamos and National each plan to set a date for meeting of their respective shareholders within the next 30 days.

The merger will combine the party's respective interests to create efficiencies and a more effective approach to advancing the development of the large Mulatos gold deposit in Sonora, Mexico. The merger will yield benefits to the shareholders of the new company by providing a greater asset base and capitalization, facilitating access to capital markets, reducing overhead, eliminating duplication of administrative expenses, and creating a broader trading market with the potential for greater liquidity.

The board of directors of Alamos Gold will consist of five members, three from Alamos and two from National. Nominated to the new board will be Chester Millar, John McCluskey and Steve Stine as nominees of Alamos, and James McDonald and Richard Hughes will be the nominees of National. The senior officers of Alamos Gold will be Chester Millar, chairman and president, John McCluskey, vice-president and chief executive officer, and Steve Stine, vice-president and chief operating officer.

Under the terms of the letter agreement, shareholders of Alamos will receive one common share of Alamos Gold for every two common shares of Alamos held and shareholders of National will receive one common share of Alamos Gold for every 2.352 common shares of National held. The parties have engaged Robert McKnight, an independent valuator, to provide a fairness opinion. All valid rights to acquire common shares of Alamos or National will be replaced by comparable convertible securities of Alamos Gold on an adjusted basis.

The completion of the merger will be subject to the certain conditions including: completion of due diligence reviews before Nov. 22, 2002; acceptance of the merger by the requisite legal and regulatory bodies having jurisdiction; completion of the fairness opinion; and receipt of shareholder approval.

It is expected that the merger will be completed before March 15, 2003.

(c) Copyright 2002 Canjex Publishing Ltd. http://www.stockwatch.com '

... just catching up on news, for the record ... a five-to-six share exchange ratio, ngt-to-aas, it could have been worse for ngters ... McDonald and Hughes are both good men, they'll be able to work with CM, i like these developments very much and have added shares last week and this week ... lots more detail on this from russ and jackjc on the SI thread - http://www.siliconinvestor.com/stocktalk/subject.gsp?subjectid=51681

[marcos]

' Alamos/Nat'l Gold discuss marriage for Salamandra's sake

National Gold Corp
NGT
Shares issued 26,903,816
Oct 18 2002 close $ 0.30
Monday October 21 2002
News Release
See Alamos Minerals Ltd (AAS) News Release
Mr. Chester Millar of Alamos Minerals reports
MERGER DISCUSSIONS UNDERWAY - ALAMOS PROVIDES $675,000 LOAN T ...

Alamos Minerals and National Gold have entered into discussions to merge the two companies. The parties have agreed to retain an independent chartered business evaluator accredited by governing regulatory bodies to conduct an independent evaluation of the merger.
It is expected that a merger will create economic efficiencies for the development of the Salamandra property in Sonora, Mexico, as well as facilitate financing for the project on more favourable terms.
Alamos has provided a $675,000 loan to National Gold by way of a one-year convertible note with interest payable at 1 per cent per month. The note can be converted at any time into common shares of National Gold at a conversion price of 29 cents per share, and is redeemable at National Gold's option on 30 days notice. The purpose of the loan is to meet the terms called for in an agreement wherein National Gold is purchasing the Salamandra property in Mexico. Alamos has the right to appoint three directors to the board of National Gold upon conversion of the loan into shares.
Alamos and National have met the $1,525,000 payment due on the property on Oct. 17, 2001.
Alamos and National Gold have further agreed that Alamos has completed the property development expenditure obligations and the preparticipation program described in their joint venture agreement. Under the terms of the joint venture agreement, Alamos is earning a 50-per-cent interest in the Salamandra property.
(c) Copyright 2002 Canjex Publishing Ltd. http://www.stockwatch.com '

[marcos]

There's always been a plan to eventually list in the US, from my first contact with this outfit over a year ago ... one thing filing the 20F does, is make it no longer necessary to include the boilerplate 'this news release not for dissemination to subjects of the US according to the Gold Diggers of 1933 act', or whatever ... getting listed on the otc-bb is simply a matter of attracting a group of market makers, they file the necessary papers, i think there is little cost to the company involved, if they keep up their filings ... could be wrong on that though, the 'exchange' may levy charges on its own

20Fs can be very useful reference documents, they tend to contain the entire company history up to the point of filing ... i haven't read National's yet, as i know the whole story by heart ... here's edgar's new search page, ngt is easy to find, just search with 'National Gold' - http://www.sec.gov/edgar/searchedgar/webusers.htm

We've been talking ngt over here quite a lot, jackjc is thoroughly familiar with recent developments - http://www.siliconinvestor.com/stocktalk/subject.gsp?subjectid=51681

'Still a few wks away for actual recording of operatorship in Mex for AAS.'

http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18061521

This small fact is a pain in the ass, original plan was to be moving ore by now ... but weather should be no problem in this area, as winter settles down on more northerly plays

[Frank Pembleton]

National Gold Commences Trading on the Frankfurt Stock Exchange
http://www.nationalgold.com/s/NewsReleases.asp?ReportID=43028

[Frank Pembleton]

In regards to the pasted release - does this mean National Gold intends to have a listing in the U.S.? - Seems rather optimistic for a $0.40 stock, no?
==================================================
National Gold announces that the Form 20-FR Registration Statement, which it filed with the U.S. Securities and Exchange Commission on July 17, 2002, became effective on September 17, 2002.

National Gold Corp. is now a fully reporting company to the United States Securities and Exchange Commission under the 1934 Securities Act.

Michael

[marcos]

Got a double on the warrants this morning -ggg- ... paper profits only of course, and no one so far is bringing up the bid, so the gain could vanish in a heartbeat, but it is encouraging ... National and X-Cal remain my favourite juniors, both have metal in the ground for sure, and lots of blue sky left, both have financing pressures holding them back, both give excellent leverage to PoG ... i value a share of each at roughly the same [after considering the ngt/aas deal], and today they are trading neck and neck, how about that

Bought some more Western wtc this morning ... i've been watching it closely since it filled the late June gap-up there ... the other mid-May gap-up is not a big deal, won't be filled soon if ever imho ... i never bought any until after that anyway ... so stupid, in Jan-Feb or so i had wtc very high up on the shortlist at times, never did anything about it then

'be your sidekick', lol .... i'm not that comfortable being so prominent ... more of a freelance guerrilla than a general .... there are some fine minds on SD II, some tender egos at times but overall good reading ... you must be doing something right

[Old Frank P]

marcos... yes, yes... National Gold, two things - one, I hear that the Mulatos properties might even be better than was once thought - and two, National Gold is apparently on the acquisition trail. So holding this one LT might not be such a bad idea - I don't have any yet, I don't particularly care for joint ventures - but the cash flow from a producing mine plus the potential of growth through a little M&A activity might make for an excellent speculation.

...about Strictly Drilling... the thread is still going strong - ticking like a Timex, even after 15,000 posts - I do wonder if it'll take off over here - although I haven't tried real hard. If it dies, c'est la vie... I'll just be your sidekick instead. :)

Regards,
Frank P.

[marcos]

Boo -g- ... held any ngt since then, Frank? .... i let some traders go, haven't reloaded yet, sort of expect extended weakness here, not so cheap maybe, not too far below this level, still it may be some time before it breaks back well above this, imho .. but that's on the common, which has all the pressure of recent financings coming free-trading ... i sure like those warrants though, niftiest little things going under a dime, i've been picking them up, got another 28k today .... takes two of them and 55 cents to buy one share of common until 21 June of next year .... chances seem to me quite high that National prints the round loonie figure by then, possibly in September if/when the PoG tries 330 again, and if/when Matter and Millar resolve some details ... so at 1.00 for the common, there's an intrinsic value of .225 for each warrant ... thing like that would likely get a speculation premium added to it as well, at certain points of market optimism, maybe eh

Haven't kept up with your Strictly Drilling II thread for weeks, no time in summer ... soon though, it'll be too hot to go outside -g- ... cheers

[Old Frank P]

Marcos... no I haven't ... it got tossed out with the bath water so-to-speak... My intentions were to raise my cash position and reload on weakness - which ... as we all know didn't work out with National Gold - the darn thing only got stronger.

POG hit $290 this morning, I'm getting somewhat closer to the my "lock & load" position -- maybe in another week.

Regards
Frank P.

[marcos]

Post 3 in honour of three days of trading above a million shares a day ... how about that, 3.3m traded this week already ... when i was buying ngt in the fall 40k was a big day, most trades went off at the bid, you could get shares being second or even third bid in line

Clearly there is promo behind it now, helped a lot to give Canaccord that 500k in warrants ... price of doing business, if they can help you get your shareprice up to where you can finance for more development funds with less dilution, you're better off ..... and people seem to like the whole idea of dancin' one more round with Chester Millar ... the Gata folks are hot for National now, it is said ...... last week i sold some to knock back my acb, on Monday i bought them back, just decided it was too early ... there is a lot more risk in it now than there was at lower levels, but i think they'll make it, everything has been rolling well so far anyway, and room for payoff is still quite large if/when they make a mine at Salamandra .... did you buy back in? ... haven't followed your thread on SI lately ... cheers

[Old Frank P]

Marcos... I thought you said there wasn't any posts here yet? I'm post number two - not much of a grub :)

Regards
Frank P.

[marcos]

' Alamos commences Mulatos drilling

National Gold Corp
NGT
Shares issued 12,903,815
Dec 12 2001 close $.150
Wednesday Dec 12 2001
News Release
Mr. Chester Millar of Alamos Minerals reports
Drilling is under way in the high-grade Estrella pit of the Mulatos deposit, 220 kilometres east of Hermosillo in the state of Sonora, Mexico. The drilling program is intended to accurately define near-surface gold mineralization of higher grade than previously published resources.
The Estrella zone is the higher grade core of the Mulatos deposit, and contains 1.16 million ounces of measured and indicated gold within 11.5 million tonnes grading 3.16 grams per tonne at a two-gram cutoff. The Mulatos deposit hosts a 3.4 million ounce gold resource within 68.8 million tonnes at a 0.8-gram cutoff.
The resource was defined on the basis of 511 drill holes and 994 samples from underground workings.
The current drilling program, targeting two adjoining areas, will comprise up to 126 vertical holes varying in depth from 18 to 40 metres. The holes will be drilled on a grid of 12-metre spacing, and subsequently increased to six-metre spacing as results warrant. A track mounted air percussion drill rig is being used. Samples for assay will be split on site. Half of each split will be shipped to the Bondar Clegg laboratory in Hermosillo for initial preparation. The samples will then be forwarded to the Bondar Clegg laboratory in Vancouver, B.C., for fire assay.
Previous drilling in the Estrella zone identified an area of near-surface ore grade material. Closer spaced drilling in this area is required to accurately estimate the amount of contained gold that will be mined and stacked on a test leach pad. A bulk heap leach test is expected to follow the drilling program as part of a comprehensive feasibility study. Alamos is in the process of filing a permit application to mine, crush and heap leach 50,000 tons of ore.
Mulatos is one of the claim areas within the 15,000-hectare Salamandra property. The claims are owned by National Gold Corporation under an agreement with Tendoramex SA de CV. Alamos can earn a 50-per-cent interest in the property under an agreement reported in Stockwatch on Oct. 17. The agreement is subject to regulatory approval.
(c) Copyright 2002 Canjex Publishing Ltd. http://www.canada-stockwatch.com '

... end quotes ... this was three weeks ago ... should be assays coming soon?