newlands resources, page-4

re: newlands resources....any views boxhillnorth.
I haven't got money invested in NRL yet.....lack of spare cash, but with Alan Eggers and SMM holding 'Geogina Basin' tenement and also managing this project I consider it has potential.NRL are putting the funds up [I think $1m in the first year then up to $5m if they like what they see]Each company gets 50% of profits.If you check the SMM news articles you'll get more info as to what's happening.There is about 13000sq.ks of tenement and its fairly close to SMM's Mt.Isa resources which are getting some good numbers and so far I think all the drilling they've done is open at both ends.
All the best with your investment.
Dabru