Sanwire Corp (SNWR)

[66chevelle396]

GrassRoots Report / Valentine >>

Here are some points from the recent GrassRoots report that came out earlier this month on NT Mining. I found these points relating to the Valentine Property this morning and, if aquired by NT, would raise their target level from its current .82 evaluation.

I have listed them in order as I found them:

1) Note: Our current valuation does not include the additional potential from the expected acquisition of the gold mining property in Valentine Mountain, which could add up to $0.28 - $0.31 per share to the current price target.

2) Recent announcement of Company’s intent to acquire options in Valentine Mountain mines further strengthens our outlook.

3) NT Mining recently announced that is in the process of negotiating terms with the signing a Letter of Intent to acquire options in a gold property located on Valentine Mountain. Located in southern Vancouver Island, British Columbia, Canada, the mine site has proven gold reserves that can be economically explored. Management estimates that this property could hold over 17,000 ounces of gold which could be mined at a minimal operational
cost of $850,000. This project consists of nine cell mineral claims which are spread across approximately 2,867 hectares. The
project surrounds the Valentine Mountain and is located 20 kilometers northwest of Sooke, B.C. on southern Vancouver Island. The property is underlain entirely by high grade metamorphic rocks of the Pacific Rim Terrane, which hosts several minor past producers of gold, silver and copper.

4) As a matter of fact, if the Company acquires the Valentine Mountain property, its equity value shall rise by additional $15.0
million. Any additional acquisition of properties or other related companies will expand the Company’s top-line. The demand for gold is likely to continue to grow, both from investment perspective and as an effective hedge against economic uncertainties.




FYI