NTL - New Talisman Mine - New board & Directors

[bucko]

is anyone able to explain in more detail than my novice self the effect the reserve bank shorting the currency is going to have?

Surely it is going to be beneficial for us? if the price of gold stays the same but the value of our currency drops to Mr Key's 'Goldilocks Zone' of 65 cents then NTL would end up with more bang for their ounce right?

[Paint it Black]

is anyone able to explain in more detail than my novice self the effect the reserve bank shorting the currency is going to have?

Surely it is going to be beneficial for us? if the price of gold stays the same but the value of our currency drops to Mr Key's 'Goldilocks Zone' of 65 cents then NTL would end up with more bang for their ounce right?

Yes indeed the PoG increases when converted into NZ dollars with a depreciating NZ dollar against the greenback. Possibly some of the processing costs will be geared to the $US so some icing will be shaved off the cake.

I think the next couple of days will see a few more investors joining the party with the stars now aligning: ie National is back with a clear majority, the sampling easily met expectations, Newmont are getting involved with the processing, we have strong management in place and the exchange rate is dropping. OK we just need the PoG to rise but we can't be too greedy.

[Stumpynuts]

http://www.proactiveinvestors.com/co...ake-56480.html

The company had completed about 2,492 metres of drilling at Rahu, which together with previous drilling campaigns and geological investigations, provides evidence its mineralisation and alteration present represents the upper levels of and northern extension of the Talisman epithermal gold system.

It has filed an application to include Rahu into the Talisman permit, allowing for a natural extension of mining operations.

What do you think the chances are of Rahu permit approval being granted as inclusion under current talisman operating permit?
Would it push SP up if only temporarily?

[robbo24]

1. Upcoming need for further capital raising, which will be at a discount as per usual.

http://www.asx.com.au/asxpdf/2014100...slyvqt1qwz.pdf

28m shares in a private placement at 1nz cent each

[Landyman]

RIGHT: NTL: Rights issue

And now a rights issue. I'll be taking mine.

[BFG]

$1180 about to break on gold as US jobs report was above expectations. There is not much other than psychological support levels holding up gold if that key support level fails. This then brings into question whether NTL will ever be profitable if the magic $1000 profit mark is breached. Wonder what the new 1c holders are thinking today...

[Hawkeye]

https://www.nzx.com/companies/NTL/announcements/256303

Start Date 13.12.14

[Dej]

https://www.nzx.com/companies/NTL/announcements/256303

Start Date 13.12.14

"Can commence" not will. Sorry to be the pessimistic one. I hope its a "will"

[Snow Leopard]

One trade of One right (too small for price setting) at 0.4c.

Sort of sums it all up.

Best Wishes
Paper Tiger

[Minerbarejet]

Catherine Delahunty of the Greens is putting forward a Private Member's Bill aiming to extend Schedule Four to include Karangahake Gorge. Seems pretty confident of support from left. Quite a few compliance issues with access to mountain NTG needs to address, too. It's very narrow road, with no room to widen in some places, and long areas with no possible passing bays. New Talisman have to get their traffic management plan approved by council, and locals are out with their tape measures, making submissions and generally getting pretty stroppy, and making it very clear they are not wanting to share this road with a mining company. There's extremely heavy usage during tourism season, which will exacerbate access problems, and will add to road congestion. That, combined with local's own heavy usage of that road... there may be a surprising quantity of flat tyres, and machanically unsound vehicles on that road, and people who love the mountain making an PARTICULAR effort to visit it, and approaching it and parking at NTG's SOLE access point. Be pessimistic, New Talisman Gold investors, be very pessimistic :-(

C de la H can put all the Private Members Bills she likes. It still has to get drawn. On top of that it is against the law to prevent other people from using a public thoroughfare and Im sure the police will be taking a dim view of tampering with vehicles. The Gorge itself will be unaltered except from natural causes.
Why dont the Greens wake up to the fact that it was the previous mining that makes Karangahake the place it is -if that hadnt happened it would just be another bend in the river largely ignored by passing travellers desperate to get through the rough stuff and into the open. Perhaps extracurricular gardening ventures may be the reason for the sudden interest in mining.
NTL has been out there for years - what took so long?