New president and director appointed. Finally NRV has rid itself of E. Gilstead and other management. Mr.Dean Webb is the new pres. He brings 45 years of experience in the mining and exploration field to NRV. The company wasn't getting anywhere with Gilstead at the helm. I think this announcement is the start of a turnaround with NRV. Friday it closed at .26 up 4 cents. NRV has several gold prospects in BC Canada and a property in Arizona. They have a joint venture with American Manor ANO-Alberta in Voisey's Bay.|
Their most promising property is the Marmot which is next to Tueton and Minvita. Drilling is to resume this spring. They will also drill the Rox property in BC.
NRV is clearing up clerical matters with the VSE and is preparing to raise funds through a private placement soon.
NRV is close to making another acquisition in a BC metals prospect.
I used to be a long time shareholder of NRV but got out after being disappointed with the past management. I am back into the stock now that they have cleaned house.
NRV was previously recommended by J. Taylor's newsletter. He later put a sell on NRV due to poor management. Perhaps he may have another look at this company now.
I think that NRV is a good pick at current levels and should start to move up as spring approaches.