Replies to post #150 on CAMPBELL RESOURCES (cblrf)

[NYBob]

Thanks for the info :-)
do you know who is the owner of;
Societe de developpement de la Baie-James ("SDBJ")
indicating that SDBJ may potentially be interested in presenting
to PricewaterhouseCoopers Inc. (the "Receiver")
a bid to acquire the Assets. ?

The Companies are secured creditors of Campbell. At a court hearing to finalize the Companies' bid to acquire the Assets, a motion was made before the registrar presiding over the proceedings on behalf of Societe de developpement de la Baie-James ("SDBJ") indicating that SDBJ may potentially be interested in presenting to PricewaterhouseCoopers Inc. (the "Receiver") a bid to acquire the Assets. Any such bid would then be presented for consideration by the Companies. Although the Receiver has held two previous unsuccessful bid rounds, the registrar deferred the hearing date to June 21, 2011 to allow SDBJ the opportunity to submit its bid if it so desires.

"While today's development was a surprise to all involved, it does finally provide us with a date by which we expect final resolution to this situation," said Rene Galipeau, Vice-Chairman and CEO of Nuinsco.

"While today's development was a surprise to all involved, it does finally provide us with a date by which we expect final resolution to this situation," said Rene Galipeau, Vice-Chairman and CEO of Nuinsco.

The Loi sur le developpement et l'organisation municipale de la region de la Baie James, which created SDBJ, was adopted by Quebec's National Assembly on July 14, 1971. SDBJ, which self-finances its activities, has now existed for almost 40 years. Its mission is to promote, in a perspective of lasting development, economic development, the enhancement and exploitation of natural resources, other than hydroelectric resources, of the James Bay territory.

About Ocean Partners

Ocean Partners is a privately held company with offices in the UK, USA, Canada, China, Mongolia, South Africa, Turkey and Zambia with additional representation by agents in Istanbul, Lima, Madrid, Melbourne, Moscow, New Delhi, Santiago and Tokyo.

Ocean Partners provides relationship based trading services to miners and smelters of copper, lead and zinc concentrate as well as the secondary products of the base metal smelting industry (eg drosses, slags, reverts, residues). Ocean Partners also owns and operates copper, lead and zinc mines in Turkey as well as holding many exploration licenses there through its 50% shareholding in a local company.

About Nuinsco Resources Limited

Nuinsco is a growth-oriented, multi-commodity mineral exploration company that is focused on world-class mineralized belts in Canada, Turkey and Egypt. In addition to its property holdings, Nuinsco owns common shares in Coventry Resources Limited (ASX:CVY - News) and Victory Nickel Inc. (TSX:NI - News). Shares of Nuinsco trade on the Toronto Stock Exchange under the symbol NWI.

Please visit the Company's website at www.nuinsco.ca. Should you wish to receive Company news via email, please email [e-mail] and specify "Nuinsco Resources" in the subject line.