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StrengthenNumbers

09/24/10 10:43 AM

#29262 RE: sps50 #29255

Concur, Sp; Sensible Approach


NAK is risking 3M of their shareholder's money on this, with the obligation to spend more as the JV develops. They would have to have pretty strong evidence to make such a leap. They saw something they wanted and put the money with the mouth. To me it can be summed up as "acceptable risk", for them and us.