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NDR now has 3 JV partners:
- YRI.T (Yamana Gold) For Domain (70/30)
- AGLD.V (Austral Gold) for Santa Cruz (80/20)
- ECC.V (Ethos Gold) for Savant Lake (70/30)
- Two more Argentina Assets (one of them has a 43-101 indicated resource of 400k ounces gold & 10 million silver)
- 3 Newly acquired Scandinavian Gold/Silver/Copper assets that are located next to major producing mines
Company is well financed as of recent:
- $3.62M raised, insider and institutional participation
- $512K shares for debt, mostly insiders. They had the choice for a cash payment and chose shares
- $800K sale for 80% of Santa Cruz
- $2M sale for 70% of Savant Lake
Fair market cap value based on assets being worked on, cash in hand and potential, should be a minimum $26 million right now, or $0.20 a share. There are so many catalysts and ways for New Dimension Resources to prove up a property and bring shareholder value with 8 projects on the go.
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