-
12-06-2020, 10:17 AM
#5271
So how does that relate to this company? (Which has zero gold to sell...)
-
12-06-2020, 10:18 AM
#5272
Not that the share price is DOWN 12.5%, lol
-
12-06-2020, 10:24 AM
#5273
Member
Oh no, the share price has just jumped up 14% from the open!
Last edited by Lion; 12-06-2020 at 10:26 AM.
-
12-06-2020, 10:27 AM
#5274
That'll be some excited Sharesies buyer for one share, lol. The sp never goes higher than 0.008... note the number of zeros in that, lol
-
12-06-2020, 10:27 AM
#5275
Member
These guys flip between .007 and .008 every day. Could make a quick dollar or 2 though
-
12-06-2020, 10:41 AM
#5276
Member
Not with 30 million shares for sale at .008 - take to long to churn
-
12-06-2020, 11:05 AM
#5277
Have to think NTL is timing it's run here. We know the JORC peer review has been ready for weeks. We know they are talking to processors. A steady drip of positive announcements leading to even small scale production and the SP will rocket.
Remember currently NTL will make approx 2000NZD an ounce profit at current POG. We don't need a lot of ounces for strong positive cashflow.
I'm not saying management have earned it, but circumstances have fallen well for the company.
-
12-06-2020, 11:13 AM
#5278
Member
Originally Posted by jonu
Have to think NTL is timing it's run here. We know the JORC peer review has been ready for weeks. We know they are talking to processors. A steady drip of positive announcements leading to even small scale production and the SP will rocket.
Remember currently NTL will make approx 2000NZD an ounce profit at current POG. We don't need a lot of ounces for strong positive cashflow.
I'm not saying management have earned it, but circumstances have fallen well for the company.
They can't sit on information and time it though, they have to release information to market once they have it.
-
12-06-2020, 11:28 AM
#5279
Originally Posted by Caesius
They can't sit on information and time it though, they have to release information to market once they have it.
They have already indicated the nature of the Peer Review's findings. I'm sure they could muck around with wording/definitions until they were ready to align it with other activities.
-
12-06-2020, 12:12 PM
#5280
Originally Posted by jonu
Have to think NTL is timing it's run here. We know the JORC peer review has been ready for weeks. We know they are talking to processors.
Actually we don't know this right now, you're speculating...
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks