Moydow Mines fka MOY

[amarksp]

let me revise and extend my remarks:

This deal will not get finalized until the 4Q 2003. By finalized, I mean MOY shareholders actually receiving the NEM shares. No reason for NEM to dilute shares and thus 3Q EPS results if they can get away with it, thus the shares will not be issued until the 4Q.

NEM could announce the deal in Sept at the Denver Gold Show and still likely delay the distribution until the 4Q 2003.

On the otherhand issuing MOY 784,314 shares when NEM has 402M shares outstanding is not that dilutive...