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18-10-2021, 11:33 AM
#8041
Member
Originally Posted by haewai
Would there be any issues if he was?
It very well could be if you take into account the in depth very persuasive posts on HC by robbo24 every time NTL was in a raising capital exercise.
Obvious to me it was robbo24 being the HC persuader at the same time Bullish & Epithermal was on ST.
It's not a coincidence. Daddy seems to know a lot more about things than shareholders did, long after he had left the board. He got the inside info from somewhere.
Last edited by Weta; 18-10-2021 at 11:36 AM.
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18-10-2021, 02:21 PM
#8042
Member
So you are saying that Matt Hill encouraged shareholders to participate in capital raisings to contine his 400k salary with full knowledge the company was incapable of mining gold !!
That sounds like a serious acusation Weta !!
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18-10-2021, 04:59 PM
#8043
Member
Originally Posted by Bluemanarc
So you are saying that Matt Hill encouraged shareholders to participate in capital raisings to contine his 400k salary with full knowledge the company was incapable of mining gold !!
That sounds like a serious acusation Weta !!
Well that's the FMA's accusation isn't it?
Matt as "Bullish" was hard at work here on ST, mostly around CR time. Robbo24 was busy around the same times on HC's NTL forum (was also a member here briefly) & it just makes sense that it was his clued up father & former chairman of NGD.
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18-10-2021, 05:54 PM
#8044
Member
FMA seem pretty toothless, would they pass it on to SFO if they felt sufficient grounds.
Role of FMA
The Financial Markets Authority enforces securities, financial reporting, and company law as they apply to financial services and securities markets.
We also regulate securities exchanges, financial advisers and brokers, trustees and issuers - including issuers of KiwiSaver and superannuation schemes. Shortly we will also regulate auditors.
Role of the SFO
The Serious Fraud Office (SFO) was established in 1990 under the Serious Fraud Office Act in response to the collapse of financial markets in New Zealand at that time. The SFO is a criminal law enforcement agency tasked with the investigation and prosecution of serious or complex fraud and financial crime. Its Financial Markets and Corporate Fraud team specialise in addressing criminal offending in financial services and securities markets.
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20-10-2021, 09:08 AM
#8045
Junior Member
Did Victor and his mine have agreements with a processing plant where they were doing some processing for BH? One good thing that could come from a full board and management clear out and having Victor in charge is that NTL might be able to use Victors connections to get some processing done
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20-10-2021, 05:28 PM
#8046
Looks like some housekeeping needed with Officialdom's Public records here:
CEO (Matthew Hill) on the way out still listed as Sole Director here:
COROMANDEL GOLD LIMITED
https://coys.co.nz/:entity?no=619310...L+GOLD+LIMITED
Possibly as Director of this NTL Australian subsidiary as well:
RAHU RESOURCES PTY LTD
Last edited by nztx; 20-10-2021 at 05:30 PM.
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21-10-2021, 07:10 PM
#8047
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22-10-2021, 08:15 AM
#8048
Takes a while to change the direction of the ship, especially one that may have been sinking. I dare say there will be a lot of running round trying to work out the truth of where NTL is really at, and what the future holds. Will the outgoing CEO be helping or hindering?
Im amused at the amount of buyers who have come in at $0.002 though, thinking there could be a win - time will tell.
Last edited by Landyman; 22-10-2021 at 09:48 AM.
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22-10-2021, 12:12 PM
#8049
Had to smile at this:
Trading status Trading
Trades 1
Value $0.01
Volume 3
20 minutes delayed
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22-10-2021, 12:15 PM
#8050
Member
I always have a laugh everytime I see that guy trying to sell his shares for $1.00
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