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Re: Regulator78 post# 67133

Sunday, 09/05/2010 2:19:51 PM

Sunday, September 05, 2010 2:19:51 PM

Post# of 83044
One more bit of information to add, PN is not planning on any "provisions" (money) to deal with the lawsuit filed against them. Very odd. Here is a quote and link to their (PN) note to shareholders from Sept. 3rd I suspect they are hearing from angry shareholders about all the legal bills they are racking up. Their lead attorney gets $495 an hour.

Here is the quote, you can follow the link to view the whole thing.

"On August 27, 2010, a new action was launched against Nevada Star by Western Utah Copper Company. This action is very similar to the counterclaims made in response to our original lawsuit. We believe this new action is without merit and we do not anticipate the need to make any provisions to deal with this issue. We will continue to work towards driving shareholder value in our Milford based assets."


http://www.purenickel.com/s/NewsReleases.asp?ReportID=417258

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