| Business Summary | | NDT
Ventures
Ltd.
is
engaged
in
the
location,
acquisition,
exploration
and,
if
warranted,
development
of
mineral
resource
properties.
The
Company
was
previously
in
the
mail-order
catalog
business
through
its
wholly
owned
subsidiary,
Life
Force
Technologies
Ltd.
The
subsidiary
went
bankrupt
and
was
liquidated
in
1991.
The
Company
was
inactive
between
February
20,
1992
and
February
25,
1995.
From
February,
1995
to
May
31,
1996,
it
was
solely
engaged
in
the
acquisition
and
exploration
of
resource
properties,
in
and
around
the
Voisey's
Bay
region
of
Labrador
(Newfoundland),
Canada.
Subsequently,
the
Company
has
broadened
its
exploration
focus
and
commenced
property
examinations
throughout
the
Americas,
with
a
particular
emphasis
on
South
America.
All
of
the
mineral
properties
in
which
the
Company
has
a
right
to
acquire
an
interest
in
or
has
staked,
as
the
case
may
be,
are
currently
in
the
exploration
stage. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NDT
Ventures
Ltd.,
an
exploration
stage
company,
engages
primarily
in
the
acquisition,
exploration
and
development
of
mineral
properties,
principally
gold
in
Canada
and
South
America.
For
the
nine
months
ended
2/28/01,
revenues
fell
13%
to
C$135
thousand.
Net
loss
rose
24%
to
C$639
thousand.
Higher
net
loss
reflects
higher
administration
fees,
salaries
expenses
and
lower
interest
income
due
to
lower
cash
balances. | More
from
Market Guide: Significant
Developments |
| Officers | | Frederick
Hewett,
Pres./CEO Donald
McLeod,
Chmn. D. Bruce
McLeod,
VP Thomas
Burkhardt,
VP G. M. Sharp,
Secy. Alfred
Kwong,
Contr. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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