NTL - New Talisman Mine - New board & Directors

:)Aus up 14% - action stations:)
New Buyer in at .020 NZ
Another 60000 bought over the top late at .021

Given the run up in the share price over the last few days do you think the good news is already priced in?

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Originally Posted by Toasty

Given the run up in the share price over the last few days do you think the good news is already priced in?

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Quite possible, but this is a highly speculative share and anything could happen. You are the one with 10000 to spend I believe - wouldn't risk more than you are prepared to lose with this one or perhaps wait. If the euphoria dies off I'd pick some up a bit lower in the mean time and wait.

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Originally Posted by majorbarejet

Quite possible, but this is a highly speculative share and anything could happen. You are the one with 10000 to spend I believe - wouldn't risk more than you are prepared to lose with this one or perhaps wait. If the euphoria dies off I'd pick some up a bit lower in the mean time and wait.

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Except MBJ, you are forgetting the normal 5, 10, 20-bagger response that often occurs when a small junior explorer gets to the mining stage. In this case, the MCap is about 10mill for NTL. There is a possibility that there is 3Moz in the Talisman permit area. That's $6,000 million worth. Even at $200/oz inground valuation, the MCap would be $600mill, which looks like a 60-bagger.

Stepping back a bit and looking at the few hundred thousand ounces they're talking about initially, with probably a plan to ship concentrate to the nearby port, and the current interest looks well founded. Especially if they've figured out a way(s) to get the gold out relatively quickly, and for little real capital cost.

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Originally Posted by elZorro

Except MBJ, you are forgetting the normal 5, 10, 20-bagger response that often occurs when a small junior explorer gets to the mining stage. In this case, the MCap is about 10mill for NTL. There is a possibility that there is 3Moz in the Talisman permit area. That's $6,000 million worth. Even at $200/oz inground valuation, the MCap would be $600mill, which looks like a 60-bagger.

Stepping back a bit and looking at the few hundred thousand ounces they're talking about initially, with probably a plan to ship concentrate to the nearby port, and the current interest looks well founded. Especially if they've figured out a way(s) to get the gold out relatively quickly, and for little real capital cost.

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Good thoughts - perhaps mine are somewhat clouded by AOH on the ASX which has gone pretty well nowhere after entering production in Finland.
I have this strange feeling that NTL is going to be enormous but its probably gold fever. Of course there is the Congo connection and BPL to figure in yet as well - hmmmm, things are getting interesting - even the better half is listening with more concentration than usual
Just a point - where would the ore concentrate most likely go to if it was shipped out?
Disc: Holding NTL

[QUOTE=moosie_900;392651]The eternal optimist (within reasonable bounds) majorbarejet. If it goes below then yes I will probably buy more. Always an opportunity to invest as I see it.
I'm looking for a target of 2 cents (NTA value), so I am reasonable at times :P[/QUOTE And so whats happened now then moosie

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Originally Posted by majorbarejet

Good thoughts - perhaps mine are somewhat clouded by AOH on the ASX which has gone pretty well nowhere after entering production in Finland.
I have this strange feeling that NTL is going to be enormous but its probably gold fever. Of course there is the Congo connection and BPL to figure in yet as well - hmmmm, things are getting interesting - even the better half is listening with more concentration than usual
Just a point - where would the ore concentrate most likely go to if it was shipped out?
Disc: Holding NTL

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Hi MBJ, I looked a bit harder at the NTL figures and they have mentioned 2Moz as the top of their range for gold at Talisman, quite a bit more silver would add to the net bullion. The 200,000oz of gold they are after initially is a JORC resource though.

In this data from a month or two back they spell out what the prefeasibility report would contain. It'll be a big document.

http://www.newtalismangoldmines.co.nz/wp-content/uploads/2013/01/NTL-Presentation_240113.pdf

Since OGC has used Trafigura to pick up their concentrate, that would be an option for NTL, from PoT. But OGC had to spend a lot on plant, even to get the concentrate. Whatever Newmont is using at Waihi would probably be the best bet, if money was no object. I'm not sure if 'toll processing' means using the Waihi mill as an option.

Have just used Easter to do some reading on NTL and this thread. One question that keeps popping up is " if the Mystery vein was discovered in the 80s or 90s why was it not mined?" Was it uneconomic at the time, too hard to get out due to infrastructure requirements or lack of enthusiasm on Heritage's part. I am basically unfamiliar with Heritage's role in all this but will research it if necessary. It appears it was intersected at level 8 and all the information I have indicates that it was never mined. I'm only hazarding a guess but this would surely be the first port of call after whatever residual ore lying around is taken out, if they go ahead. Anyone else have an opinion on this?
This post is a straightforward request for information relating to the the thread.
No offense is intended to any participant in sharetrader forums.

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Originally Posted by majorbarejet

Have just used Easter to do some reading on NTL and this thread. One question that keeps popping up is " if the Mystery vein was discovered in the 80s or 90s why was it not mined?" Was it uneconomic at the time, too hard to get out due to infrastructure requirements or lack of enthusiasm on Heritage's part. I am basically unfamiliar with Heritage's role in all this but will research it if necessary. It appears it was intersected at level 8 and all the information I have indicates that it was never mined. I'm only hazarding a guess but this would surely be the first port of call after whatever residual ore lying around is taken out, if they go ahead. Anyone else have an opinion on this?
This post is a straightforward request for information relating to the the thread.
No offense is intended to any participant in sharetrader forums.

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I'll put my C on the B and surmise that mining techniques have evolved to a point that low-environmental-impact mining is more cost effective that it once was. I think I picked that up from somewhere, maybe a director's comment. Don't quote me.

With the pre-feasibility report imminent I contacted my man on the ground in the region. I asked if he had heard anything mentioned around the area in the course of his dealings in Waihi. It was all about Newmount but no whispers about Talisman. The word doesn't seem to be out generally and I'm sure another family member who has a degree in M&M would have heard by now.


This post is intended for information only related to the thread and expresses an opinion.
No offense is intended to any person by this post.

Guess we have the ol'wait until the open of the ASX for the announcement!

There announcement last week was at 11.22am. Maybe around then

Tick Tick Tick :sleep:

DB was only out for 5 minutes here in Wellington. No news on there yet....

DB was never out for me! Thats Auckland though

I must admit that I would almost like a few of these because its an interesting story involving gold and you can own hundreds of thousands of shares for not a lot of money. If I bought a couple of hundred thousand I would expect a seat on the board...

A flurry of activity as people pile in at 2.2. Do you think there has been a report leak?

I have 4 parcels showing as having sold at 2.2. Is there a way to tell that its only 1 buyer or is that implied by the timing?

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Originally Posted by Toasty

I have 4 parcels showing as having sold at 2.2. Is there a way to tell that its only 1 buyer or is that implied by the timing?

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There's quite a bit of interest in the ASX listing (NTL.ASX) today too. Solid buying at 1.7.

2.4 being nibbled away! Almost my first 2-bagger :t_up: (I think thats the word)

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Originally Posted by Dej

2-bagger :t_up:

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LOL! What on EARTH is a 2-bagger???

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Originally Posted by robbo24

LOL! What on EARTH is a 2-bagger???

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A smaller ten-bagger :p

http://en.wikipedia.org/wiki/Ten_bagger

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Originally Posted by moosie_900

lol, someone who hits you with 2 bags (won't say which ones) while you're watching the stock exchange go up.

Wouldn't it be a 1 so far? I am under the assumption a 10 bagger is up 1000%? (correct me if I'm wrong).

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I thought that ten meant 10x original investment, so 2 would be 2x original investment (double) - note wiki link I posted!

"someone who hits you with 2 bags" bags of money :t_up:

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Originally Posted by moosie_900

Yes, taking its ques from the NZX. Keep the money local I say, unless the Ozzies are slow to react (as we all know they are) :P

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The Aussies would also say something about Fat Ladies Singing.

However being I'm an optimist regarding Gold in general due to global governments (Russians, China et al) purchasing gold for national reserves as the USD potentially weakens over time I think NTL is a great place to keep a watching brief regarding management decisions. By 2014 / 15 the gold in those hills could be very lucrative...

Fingers crossed for you all. Cheers

Must be a big report - suppose it will take time for the decisions to be made.

This post expresses an opinion only.
No flamingoes were harmed in making this post.
No offense is intended with any so called humour or unrelated comments

After more stress and worry I have become the latest addition to the NTL shareholder register. A vast 80,000 shares are now under my control so expect to see some sweeping changes to management as I exercise my influence.;)

Wouldn't dare Moosie! Collective nouns are peculiar at times - murder of crows springs to mind

Back to the thread - a good time to put a stoploss in place I feel after a sensational advance to a double from a very few weeks ago.

This post has an off thread conversation with the previous poster.
This is followed by an opinion only relating to the thread.
No offense is intended to any Sharetrader Forum Member

Good on you Toasty - welcome aboard

This post is just an encouraging remark to a previous poster

[QUOTE ; Back to the thread - a good time to put a stoploss in place I feel after a sensational advance to a double from a very few weeks ago.

I'm new to this so this may seem like a silly question.
How do I put in a stop loss - I use ASB securities so if I put in a sell price below the market price wont that be there for all to see and people can buy it at that price there and then?

When you go to "place an order" on ASB they will give you four options. Buy,Sell, Target Buy and Stop Loss Sell. It will not be included in the depth until triggered I believe. Perhaps go to google and check it out first. Plus it is not a silly question at all!
This post is for information only in regards to the thread question.

Thanks major, would have been funny if I tried to put a stop loss in using the sell button. Thanks for clearing that up :)

ANZ doesnt let you have trigger orders it seems :(

So here's one for you experts...

How come Toasty and the other trader's trades at 2.5c are listed as SP?

ooooo i know that one! are you on about on DB? I asked one of the guys there last time i spoke with one of them, it means DB bought/traded the shares themselves not to another investor (thats what i got told) Im a noob too dont worry

I see - I wonder why they still charge the same fees then! Lol Thanks for that.

I wondered that as well. I am on DB so that thanks for clearing that up Bucko. Learning something all the time.

What I would really like to know though, is who is that guy that sold 32,900 at 2.4 this afternoon putting me in a loss situation the day I bought my speculative mining shares at 2.5...:(

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Originally Posted by Toasty

What I would really like to know though, is who is that guy that sold 32,900 at 2.4 this afternoon putting me in a loss situation the day I bought my speculative mining shares at 2.5...:(

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Just chill (and hope the report confirms 6b of gold under them hills).

Hopefully they send a free sample to those shareholders who have stuck with them from the beginning..ie: today...

yeh after researching this all day im on board, only 50,000 shares though. I bought into GEL for less info and more hope of future returns than what ive been reading about NTL all day!

Im still pretty new to investing and young in age so dont hate on me for jumping on a band wagon :cool:

My biggest concern that the biggest HGD/NTL optimist GR8DAY has been quiet throughout the recent lift. GR8DAY, any thoughts if you are still out there, and still holiding?

Im still holding mine from the day the permit got announced, and I got smashed when there was no further action. You live, and you learn.

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Originally Posted by robbo24

So here's one for you experts...

How come Toasty and the other trader's trades at 2.5c are listed as SP?

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I am pretty sure it stands for Special Purchase and its an off market transaction where brokers line up two people within their own firm. Something along those lines

Bought the first shares for my portfolio today looking forward to the ride. Now I play the waiting game...

P.s. whichever way the shares go thanks for the tip Robbo24

I welcome all the new holders - but I hope you all understand the nature of stocks like NTL, illiquid and speculative!

Good luck to one and all, and as always Do Your Own Research (DYOR)

Disc: hold large parcel of NTL

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Originally Posted by robbo24

Just chill (and hope the report confirms 6b of gold under them hills).

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I would be amazed if that's what came out of the report. This is PRE - feasibility which would indicate to me that based on the positive outcome (and all indications are that) of the present forthcoming report further steps will be taken with sampling to prove the feasibility. One step at a time boys and wait for this report to be perused by the management. And welcome to all newbies and first timers - you will gain much from the characters on these threads, (eh moosie.)

This post is an opinion and could be quite wrong.
Hopefully it is and there is 6b of gold in them thar hills.
The above statement has the intent of humour.
No offense is intended toward any member of Sharetrader Forum

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Originally Posted by moosie_900

don't worry about the day to day fluctuations matey, its the hardest thing to learn starting out. the market is starting to wake up to this stock, don't sell out early, hold on to this puppy!


btw, take a look at mod.asx if you like gold stocks, another one of my picks ;)


disc- holding ntl, not mod

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Have you got a thread on this, moosie?

Major, why do all your posts have a justification after them?

This is a post is solely a question.
The above question is asked in actual concern.
No harm was meant by the above question.
Excuse the posters naivety if the answer is blatantly obvious.

:)

Just covering my rear end if someone gets the wrong end of the stick and takes exception to something I may have said in all sincerity or during a moment of frivolity, cameraderie, bonhomie or general good humour have upset some learned soul who has a more serious view of life. My intentions have always been harmless and I feel these need to be spelt out to those who possibly dont understand.
I could shorten it to Noah Fence if you like.:)

Noah Fence:)

I see whatchu did there!

Noah Fence: A phrase that gives the user the right and privilege to say whatever they want about the person they're talking to or anyone the two parties know, providing they say this before they begin their offensive rant. Can be substitued with, "Im sorry, but..."

:p

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Originally Posted by moosie_900

can't believe how well ntl has done without any news yet. should be amazing once it comes out hopefully!

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Same with Xero ;). Must be something to do with all these new investors to the market.

(Just taking the piss :) )

You may have noted that it comes in after whatever may be construed as an offensive rant.

Noah Fence

Sorry - we have got off thread again

That's so funny because I thought majorbarejet was a financial adviser who gave specific pieces of investment advice which could be relied on!

Are you telling me that he's not??? LOL

I gotta agree with moosie, after a few years of holding and wondering if I made a smart buy or bought a complete dog, random movement out of the blue! But knowing NTL/HGD a little by now I wont hold my breath for news....great to be back on the positive side though...go you good thing go! Early retirement looks imminent:t_up:...yeah right!

yeh i tend to agree with moosie...after reading the release from the 28/03:

"With my fellow directors I look

forward to studying the report over the long weekend. Subject to the detailed

findings and recommendations of the report I anticipate moving to the next

stage in the development of the Talisman gold mine within a very short time

frame" my eyes widen with anticipation at the end within a very short time frame:D

11 today hopefully! Maybe the NTL board just had a long weekend (like the universities) LOL

yeh another block of 275K came up @ 2.5

May just be someone derisking their original investment, given we have seen almost a 100% gain in a few weeks.

I love the optimism of the guy/girl with the sell order at 30 cents.. LOL

It is a FIFO system! Lol (First In First Out/served)

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Originally Posted by Dej

I love the optimism of the guy/girl with the sell order at 30 cents.. LOL

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LOL. Probably meant for 03 cents - bit like the 75.00 on HNZ last week.:)

These board members have long weekends :sleep:

What about just a press release photo with the CEO wearing a big grin and giving a thumbs up...

That would work for me.

Thanks for that moosie, guess after years of nothing worth writing home about I actually stopped paying attention. Im awake now and ready for the next part of the ride to begin.

Suspect the awaited announcement will become part of the quarterly report which by past indications should be out around end of april. No doubt an update to DRC will be forthcoming as well. Patience.

If the report is large and involved it may take a while to sort the guts of it out for public announcement.

Off thread: If the plural of goose is geese why are 2 moose not meese.
noah fence

Goose is from the Germanic root, and its plural was adopted into Old English as "geese". This is an abnormal plural. Moose is of Algonquin (Amerindian) origin and has a plural of "moose".

From wikianswers

is there something out? down.003

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Originally Posted by moosie_900

Nope, probably just someone taking profits and de-risking.

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probably buying some peb -they've had a boost.

Thanks for the moosages from you and banksie
Know a fence

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Originally Posted by majorbarejet

is there something out? down.003

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Let's not forget the relatively low volumes of trades at the peak from 2 days ago.

The speculative nature of the shares dictates that profit-taking/de-risking will occur, but I like to focus on the longer term prospects of these shares.. A few weeks ago they were still sitting at 1.2 cents (as they had done for a long time) so as long as the volumes continue upwards just sit back and watch it unfold..

Don't expect things to happen too quickly with this outfit after all NTL is born out of Heritage Gold which took years to do very little except wave the odd carrot to get cash from share holders. I do hope NTL is a lot more serious in extracting gold in the not to distant future.

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Originally Posted by GRIFFIN

Don't expect things to happen too quickly with this outfit after all NTL is born out of Heritage Gold which took years to do very little except wave the odd carrot to get cash from share holders. I do hope NTL is a lot more serious in extracting gold in the not to distant future.

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Griffin your obviously a bitter and twisted holder sell them if you don't hold much hope.

I think the share price speaks for the new team. Good on them. In 6 months they have done a PFS, restructured and replaced their exec and engineer, acquired an option over a solid advanced African project and raised 1.5m!!!!

That's a fair bit of activity in a short time.

hey bullish whats the goss around Waihi, still all newmont going east and Martha? Anything in the local rag

ASX:NTL UP 15% to .022

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Originally Posted by majorbarejet

ASX:NTL UP 15% to .022

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Comparatively heavy trading to in respect of the number of shares trading hands at this SP.

.022 AUS is .027 NZ if my calculations are correct...

I don't feel any better about having lost $240.00 on my recent NTL investment. Its eating into my $150k XRO profit (and counting).

Luckily SUM is up too.

Well NTL did not finish the week in bullish fashion and the report never surfaced so it took a 17% knock yesterday. I think the pending report will have some positives for the long term but the key point will be the time frame in firing the project into producing.If it gives some certainty into an actual start up time then buying next week around 2 cents would be worth while.

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Originally Posted by GRIFFIN

Well NTL did not finish the week in bullish fashion and the report never surfaced so it took a 17% knock yesterday. I think the pending report will have some positives for the long term but the key point will be the time frame in firing the project into producing.If it gives some certainty into an actual start up time then buying next week around 2 cents would be worth while.

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Make your money on gold now - give it a few years and post-scarcity will slowly become reality with asteroid mining: http://www.stuff.co.nz/science/85171...lasso-asteroid

In fact, all the gold ... mined from the Earth's crust, and that are essential for economic and technological progress, came originally from the rain of asteroids that hit the Earth after the crust cooled: http://en.wikipedia.org/wiki/Asteroid_mining

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Originally Posted by moosie_900

sorry robbo, but that's just wishful thinking. they can't even put a man on the moon again. nor can they effectively keep down costs here on earth. the usa camt? ven properly fund its own schools or service its own debt, you really think obama is going to give nasa a blank cheque? maybe some time well after we are gone, but not while were investing in this lifetime!

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Moosie, I have been aware for some years that this is the Nasa plan.My main reading material is about space and what Nasa is up to. Mining the asteroid is the only resource finite thing that the planet earth can do and it makes sense. It is the way of the present and the future to use robots just as is the current plan to use drones instead of manned fighter aircraft. So it will all happen but will it make gold or any other trace rare element cheaper. I certainly think not and am currently investing in NTL and NTLOA and in my lifetime do not expect to be under cut by nasa asteroid wealth. In fact the fact that we have to move out into space just shows the value of the mineral and its value well into the furure long after I have gone.

There has been a considerable uptick in Gold late last week - heres hoping it holds and gains further.
Is no news good news - gone awfully quiet

too quiet! ive been on the edge of my seat all week~

I'd rather wait for something to be properly analysed and presented than have a hurried "hope we are right" with half the facts. Anyway I quite enjoy suspense added to something that may be quite viable - however I'd prefer it to be revealed before I pass on.
NF

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Originally Posted by moosie_900

Yes, the announcement is more than worth waiting for. Selling out now is just a wee bit silly.

Can't be that old can ya major? Are you just referring to the sense that HGD/NTL has taken forever to get to this stage?

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Lets just say you are right on three out of four statements and what remains of the bucket list includes going round a golf course in my age. Also on the list is owning part of a goldmine.
:)

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Originally Posted by moosie_900

Which one out of Cruden Bay, Royal Troon or Gleneagles would ya choose then?

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none-I'd have to be 150:):)

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Originally Posted by GRIFFIN

Well NTL did not finish the week in bullish fashion and the report never surfaced so it took a 17% knock yesterday. I think the pending report will have some positives for the long term but the key point will be the time frame in firing the project into producing.If it gives some certainty into an actual start up time then buying next week around 2 cents would be worth while.

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Griffin gold took a massive knock which affected all gold stocks. NTL didn't budge in Aus only on NZX likely a few cautious punters locking in profits. Given your dour view I'm surprised you were not one of the sellers!!! The stock has tripled in a very short time from .7 Aus issued a further 150m shares and 50m options which are now in the money and liquidity is coming back into the stock.

I doubt it has anything to do with micro report release its the macro end which is playing in.

On gold All of the fundamentals say that gold should be soaring. The US debt, the QE3, the Japanese QE, the Middle East(Syria, Iran) situations, the North Korean situation, the Central Banks buying, Chinese accumulating, all these factors, historically, would make gold just explode. Instead it is being depressed.

For technical players looks like a remake if the 2006/7 breakout where gold jumped 20+ %. Fingers crossed.

thought that whoever took that 65000 at .021 first thing out might shake things up a bit.
and lo and behold a couple of wing waiters at .023 and .024 make a cameo appearance.
:confused:

I hope someone out there has friends in News Ltd, when the study is released to market we need a headline "NZ Goldrush" to get any significant move in price.

article could follow the lines of "......teh long dormant remenants of HGD have stumbled across a miracle with the richest vein of minerals seen in NZ for over 80yrs........NTL shareholder are all patting themselves on their backs and have managed to solve NZ GDP concerns as they spend thir gains"

Tui ad anyone?

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Originally Posted by Landyman

I hope someone out there has friends in News Ltd, when the study is released to market we need a headline "NZ Goldrush" to get any significant move in price.

article could follow the lines of "......teh long dormant remenants of HGD have stumbled across a miracle with the richest vein of minerals seen in NZ for over 80yrs........NTL shareholder are all patting themselves on their backs and have managed to solve NZ GDP concerns as they spend thir gains"

Tui ad anyone?

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Having detected a slight note of sarcasm in this post I'm prepared to send you a dozen tui if NTL doubles from my BE of .0142. In return I expect you to repost #310 with some additional wording along the lines of my mistake, sorry, etc
Unless of course you think that 100% is not good enough in which case we will have to renegotiate.
Would you prefer the new Dark Tui?:)

Landyman doesn't watch Gold Rush: Alaska - he's a layperson when it comes to this stock.

I just downloaded the first season haha I'm going to be a pro at this by the end of next week...yeh though if there is a large deposit discovered and there are those kind of headlines theres going to be the obvious "everyone suddenly woke up to become environmentalists" movement. and as what has happened when MRP was hinting at floating there will me some 'Waitangi claim' ......some say pessimist...I say realist

Agreed, also because its pre mined i doubt the environmentalist faction will be to strong either.

Here we are though, still waiting for a prefeasibility study!

Are the birds flamingoes?

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Originally Posted by moosie_900

That they are ;)

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Thank god, i was worried :-P

:scared:oh no- not flamingoes again
NF

I just wish my portfolio average SP was as low as your Major.

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Originally Posted by Dej

the environmentalist faction

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If there is dissent from environmentalists then moose and I will head up there with axe handles and duct tape and there will be dissent no more.

:Ddont forget your pick and shovel - and if you are down a mine you will need dark tui.

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Originally Posted by moosie_900

I don't know about gold looking too healthy right now short term. You have to take into account there are a lot of momentum traders out there holding big losses on such sentiment, and if they have had enough of those losses the effect of a sell-off below $1525 would be catastrophic to the gold price. You also have to remember physical buying in many countries is way down as well, and that many are following Soros, who has sold out (and probably buy back in big time on a big fall!). Then would be the time to buy...

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Well its certainly had a kick in the guts today down to 1475 so what now?

Agree - whats your bottoms pick for spot gold price moosie? I say $1250 ish... Its still a precious metal in my mind. Silver is also quite interesting to watch!

Silver producers are on smaller margains than most of the goldies, and silver price follows gold. We have a more industrial demand for silver over gold, thats why i find silver interesting because it seems soon the silver margins will be too small for it to be viable to make it! Could be a good time to buy silver soon given the demand wont change but supply will drop!

I agree about NTL and think it will be excluded from price fluctuations (hopefully), and yes i was talking medium term :-)

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Originally Posted by moosie_900

Sweet, good to see we are on the same page! Yes, read somewhere that "silver is like gold, but on crack". Those price and percentage fluctuations are pretty massive on some days. Good thing I keep some of it on my fingers! ;)

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Maybe someone took my advise today and sold $38 dollars worth of shares and bought an ounce of silver.... ;)

No way they bought a gold pan!