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amarksp

08/07/03 12:45 PM

#457 RE: Ed Monton #456

Anyone care to speculate on shortly be available...:
"Further details will shortly be available on the company website www.moydow.com "

Likely, this is details on the True Grit drilling, but for MOY shortly may well mean a few weeks from now...
http://www.moydow.com/news.html

Nonetheless, MOY does run a tight ship as far as expenses, e.g. their Prof Engineer and Qualified Person is also head of investor relations...
"Results were checked and verified by Michael Power P.Eng., Qualified Person, in accordance with National Instrument 43-101. Mr. Power is also a director of Moydow...
FOR FURTHER INFORMATION PLEASE CONTACT:
Moydow Mines International Inc.
Michael Power"

FWIW, got a partial fill today... At NEM = $37, this values MOY at US$1.10 for the NEM share distribution alone...
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Also FWIW, no I do not think the NEM deal will be changed. NEM has historically been slow to finalize their deals, but they have always closed them/honored their commitments... NEM will have these ounces on their balance sheet by year end IMO.