NTL - New Talisman Mine - New board & Directors

[Dej]

Dear Nick,

It is with a heavy heart that I inform you that several weeks ago we have invested all of the funds from the recent SPP in GEO, CNU and DIL.

I offer my heartfelt apologies for the collective losses of all shareholders.


Regretfully,

NTL

Dear god no

[GRIFFIN]

Dear Nick,
We had a hell of a good laugh in the office about your email and if you have been a share holder in HGD NTL for the last 20+ years you should be well aware that soon to us means its never going to happen.

Love
Suen S

[clip]

this re-inforces how much I don't know/have to learn. Funny responses

[Landyman]

Ha, glad you took it in the jest it was meant.

You are right to question NTL's definition of soon, however in the last 12mths there was been a very positive swing in the NTL, just the SP doesnt reflect this

[Dej]

Ha, glad you took it in the jest it was meant.

You are right to question NTL's definition of soon, however in the last 12mths there was been a very positive swing in the NTL, just the SP doesnt reflect this

I suppose now we can use how long this "very soon" is and use it as a standard from now on!

[Landyman]

As long as NTL management dont measure things in Yoda-life timeframes - when 900 years you reach.......

[jonu]

I may have to apologise to NTL and those on this thread. When I kicked off the "very soon" debate, I misquoted the 29/11 release. It said the "very near future".

Do we need another series of letters to ascertain the difference in meaning between "very soon" and "very near future", or do they mean the same thing? Unfortunately Sue to Soon is better than Sue to future, unless of course it becomes Suture, which becomes Suit-ya. so I guess the answer is whatever "suits ya".


Joking aside, it still sounds extremely positive

[Minerbarejet]

I may have to apologise to NTL and those on this thread. When I kicked off the "very soon" debate, I misquoted the 29/11 release. It said the "very near future".

Do we need another series of letters to ascertain the difference in meaning between "very soon" and "very near future", or do they mean the same thing? Unfortunately Sue to Soon is better than Sue to future, unless of course it becomes Suture, which becomes Suit-ya. so I guess the answer is whatever "suits ya".


Joking aside, it still sounds extremely positive

Jonu thats a classic. Roflmao. Well done my son,
Noah Fence
Cheers
Miner

[Bobcat.]

Half yearly report is out (unaudited). I don't see anything in it that leads me to sell. All looks managable.

NTA per share has dropped from 0.3c to 0.2c but hey this is a gold digger yet to fly.

Other's comments?

Its hunt via the Hong Kong corp advisory group for additional funding will be helped by this week's spike in the price of Gold.

[elZorro]

Half yearly report is out (unaudited). I don't see anything in it that leads me to sell. All looks managable.

NTA per share has dropped from 0.3c to 0.2c but hey this is a gold digger yet to fly.

Other's comments?

Its hunt via the Hong Kong corp advisory group for additional funding will be helped by this week's spike in the price of Gold.

NZResources has picked up on this too. Of course, if you were looking for well-off punters, Hong Kong would have to be one of the better places in the world.

Asian company mandated for developing Talisman mine

13 December 2013 The long-awaited re-opening of the historic Talisman mine at Karangahake now has an Asian company mandated to seek investors to fund its development.
This was disclosed yesterday by owner New Talisman Gold Mines Ltd (NZX & ASX: NTL) which summarised highlights for the September half year.
Engaged for the role is Emerald Resources (Asia) Ltd, described as a Hong Kong advisory group.
The company said a feasibility study on Talisman had been initiated and two fund raisings in the quarter saw $A543,510 raised through a placement of 49,410,000 shares at A1.1 cent each, while $NZ348,445 was raised through a share purchase plan with existing shareholders.
A bulk sampling programme underway saw development advance on a number of small drives in the mine’s Maria and Mystery veins.
Based on an average development face advance of 12 metres per month per drive, New Talisman expects to generate about 650 tonnes of material monthly once ore sampling operations are fully established.
Estimates of the ore reserve extracted during this period indicate that this will contain an average of 12 grams/tonne of gold.

I would think that this approach is aimed at speedily getting the cash together to buy the equipment and establish the mine. They'd have to be a bit disappointed with the NZ/AU response, for what is a small amount of capital.

Here is the Emerald Resources website, which appears to be still under development. But they do have a track record according to some of the pages. And this is a small amount of funding needed. So we could see some quick action, considering the gold grades.

http://www.emerald-resources.com/

The factsheet provides more detail on the people behind Emerald Resources. Looks good.

http://www.emerald-resources.com/factsheet/