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Article Excerpt
M2 PRESSWIRE-31 October 2007-Morningstockpicks.com: Gold-Season News Report: (TSX:NGD)(AMEX:NGD), (TSX.V:AME), (TSX:TCK.A)(NYSE:TCK)(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:30102007
MSP Reports on Three-Way L.O.I. -- New Gold Inc. (TSX:NGD)(AMEX:NGD) Abacus Mining and Exploration Corp. (TSX.V:AME) Teck Cominco Ltd. (TSX:TCK.A)(NYSE:TCK)
*November-February has always historically been the most bullish time for gold. -As we enter "Gold-Season", we will be focusing on particular mining companies of interest.
*To receive "FREE MORNING STOCK PICKS" and occasional " NEWS UPDATES" of other selected public companies, subscribe to: http://www.morningstockpicks.com/FreeMembership.cfm(TSX:NGD)(AMEX:NGD), (TSX.V:AME), (TSX:TCK.A)(NYSE:TCK)
(Oct. 30, 2007) - All dollar amounts in Canadian dollars) New Gold Inc. (TSX:NGD)(AMEX:NGD) and Abacus Mining and Exploration Corp. (TSX VENTURE:AME) are pleased to announce the completion of two Letters of Intent ("LOI"), which are intended to ensure that each Company is able to develop their respective assets, in the Afton-Ajax District, (Kamloops, British Columbia, Canada) in a spirit of co-operation.
First of these is a 3-way Letter of Intent ("3 Way LOI") between New Gold Inc. ("New Gold"), Abacus Mining and Exploration Corp. ("Abacus"), and Teck Cominco Ltd. (TSX:TCK.A)(NYSE:TCK) ("Teck Cominco") which is intended to ensure that both New Gold and Abacus are able to freely...
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