NTL - New Talisman Mine - New board & Directors

[Ltw]

Parts of Waihi mine on a care basis shortly.

That’s Not NTLs mine throw is it.

[Ltw]

Gold up over the US$1600 NZD$2500

[youngatheart]

So what? It's absolutely pointless telling us this when NTLs gold is in the ground with no proof that its coming out any time soon...

[Brain]

So what? It's absolutely pointless telling us this when NTLs gold is in the ground with no proof that its coming out any time soon...

Gold price is important because those of us who have invested think that NTL will be processing gold. Of course it is speculative but $2500/ oz is a way better prospect than $1800/oz. It is encouraging to the investors.

[Ltw]

Gold is trending in one direction (up) and shows no sign of stopping.
I'd agree with your statment if things were stagnant and no progress was being made. Be it slow, progress is being made and they are getting there.
They can't just pull it out of there A$$ every step has red tape and hoops to jump through. Once they kick it off it sets in motion a number of things so to do so half cocked would be only a fools game.
The company is well aware that share holders want to see gold but as above its not a simple task and takes time.

You sound frustrated or worried about it youngatheart - best thing to do is get on the phone go out and visit the mine this will more than likely ease your concerns

[Bluemanarc]

Gold price was always going to go up, so its no surprise, but I also note some of the share markets are also down, as I predicted.
You have to look quite far to find stocks that are not affected by the chinese shut down.

As the scale of the impact of the virus slowly filters through to the general knum nuts of shareholders accross the world.
There will be a clear run towards gold sounding share names, regardless of whether NTL are producing gold or not, the fact there is gold in the ground that can at some stage be taken out of the ground, is all that matters.

Who in their right mind will keep holding shares in Airlines, tourism, food exporters to china, manufacturing companies relying on inputs from the factory of the world, etc etc.
I for one have already moved all my families kiwisaver and other funds across to conservative and will keep it there for the next 2 years.

[haewai]

... I do believe that bulk sampling is close now, and bet on it happening this quarter.

Key extracts for me from the quarterly are
- final requirements for a larger plant consent, which requires data on both the recovery rate and sand produced after processing, is being accelerated in order for the processing of extracted ore to take place in the coming months.
- gravity processing in batches at either the pilot plant (with some upgrades) or the larger plant to commence in the near term.
- aim to accelerating gold production from the bulk sampling project.
- The planning assessment for resource consent application for the long term mine has been completed and subject matter specialists are being recruited.
- Design work on the commercial scale plant is proceeding according to schedule and enquiries have been placed with equipment suppliers
- Securing resource consent to enable the Company to extract the maximum possible value from the mines high grade mineral resource over the ten year plus mine life is a high priority.
- This assessment is complete and has identified a number of technical assessments that will be required to underpin the resource consent application. …there are some aspects that need addressing by subject matter experts and these are currently being sourced for availability and cost estimates.
- Mineral Resource Estimate The peer review of the updated Mineral Resource estimate as was announced late in 2019 for the Talisman Mine is nearing completion with no material issues identified. The review process has been very thorough, and the Company is heartened by the positive outcome. Life of mine planning and mine design, supported by the peer reviewed mineral resource estimate, is well underway.
- The plan will also identify areas, both within the bounds of the existing mine and the larger permit area, with the potential for economic ore deposits and suggest an exploration strategy to quantify potential mineral resources in those areas for later inclusion in the planning cycle

Can't be long now, right? What with all those "accelerations" and "final requirements" and "nearing completion"... two months ago.

[youngatheart]

Gold price was always going to go up, so its no surprise, but I also note some of the share markets are also down, as I predicted.
You have to look quite far to find stocks that are not affected by the chinese shut down.

As the scale of the impact of the virus slowly filters through to the general knum nuts of shareholders accross the world.
There will be a clear run towards gold sounding share names, regardless of whether NTL are producing gold or not, the fact there is gold in the ground that can at some stage be taken out of the ground, is all that matters.

Who in their right mind will keep holding shares in Airlines, tourism, food exporters to china, manufacturing companies relying on inputs from the factory of the world, etc etc.
I for one have already moved all my families kiwisaver and other funds across to conservative and will keep it there for the next 2 years.

Well so much for this theory, lol.

[Ltw]

As long as the POG keeps going up I’m quite happy to stay in NTL. Just means once they kick off the SP will reflect it. If it drops down to .005 or lower I’ll buy more. Call me a fool but at the moment it’s not a bad place to be. Seen a few big drops today and funnily looking at the ASX a lot of the small caps done quite well.

Also if the market continues to fall over the next month or two and then steadys. all of a sudden those who are selling out everywhere now to cash up will have money to throw at something. all NTL have to do is time some positive announcements and yeeha 👍👍👍

[Bluemanarc]

Well so much for this theory, lol.

Ah, this theory is in place right now, share market is falling, part 1, not sure what you mean.
Second part will happen in due course, it takes a while for peoples brains to work through the obvious conclusions.
Have you seen NTL crash as well.