Ok so suppose the news is below expectations next week and the SP halves,how many of you are going to walk?
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There is no doubt that their is gold there, the doubt has been completely on whether this operation would fold before they finally got through all the red tape.
Getting mining in NZ operational in todays greens world, todays health and safety world, is like climbing mount Everest.
But if you do the views are spectacular but many die trying.
JT's got no stock in this, I just think he is grumpy he didn't get in at 5C or even at 18c :)
You cannot do detailed accounting type analysis on this stock. At this stage it is speculative.
You can way up the pros and cons and then decide to have a punt or not. My entry price was 0.55c and I made the decision on the basis of
CEO is a major shareholder.
Historically good to excellent gold grades
6 M $ in the bank.
If labour win the next election, will it be harder for NTL to actually start mining?
Prior to the election in September/17 yes I would say it would be harder. But after the election govt tend to look for money to come in and if we continue to point out how little disturbance the mine will make to the area we could do well.
I think it is important for NTL to have some upfront project that is good for the area an good for NTL.. I have walked the tracks many times and one thing that is missing is rubbish tins for disposal. Why not have bins with NTL name on that we empty at our costs.A small thing but a positive service to the community. Naturally would have to be cleared with the council.
Any other ideas where we could be seen to be adding to the area.
Rubbish tins coated in gold!
Gold leaf or gold paint?