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Novicourt Inc. $1.54 (NOV:TSX)



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By petedran

Posted: Wednesday Aug 24 7:22:18AM 2005

With the closure of the Louvicourt Mine, the Company is without a source of continuing operating income

By smithcr

Posted: Tuesday Aug 23 10:23:48PM 2005

Novicourt Inc. $1.54 (NOV:TSX)(August 23, 2005), its principal asset is its 45% direct interest in the Louvicourt mine & 4,300 tonnes per day concentrator.
On July 26, 2005, Novicourt reported net earnings of $8.3 million or $0.29 per share for the second quarter of 2005, compared to net earnings of $3.1 million or $0.08 per share in the same period of 2004 as higher copper production and higher copper prices more than offset a stronger Canadian dollar.

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