NTL - New Talisman Mine - New board & Directors

**kiora** · 01-05-2021, 05:41 PM

Originally Posted by nztx

Wonder if they may want to consider doing a take-over of NTL ?

Let's face it the curious growing bundle of interests & hobbies going no where fast
with little in the way of forward funding ability probably aren't worth a lot more than
a bucket of dimes, without someone coming onboard possessing the skillsets to advance
them past wishful thinking stage, which currently seems apparent ..

I am nearly 100% sure they wouldn't consider TO

What become of the implication of ore processing at Martha Mine during Broken Hill announcement???
Very curious

**Brain** · 01-05-2021, 06:24 PM

Originally Posted by ThaiJohn

One question. Why is M Hill still raking in $7000.00 plus per week? That's a hell of a lot of sausage. Bordering on obscene given the snail-pace of (in)activity.

The man needs to be paid. These quarterly activity reports are exceptionally hard to write. They require much thought. I think that Some of those that read this thread think he spends much of his time playing golf but no I can assure you all that right now he is probably working on the first draft of the next quarterly report.

**nztx** · 01-05-2021, 06:28 PM

Originally Posted by Brain

The man needs to be paid. These quarterly activity reports are exceptionally hard to write. They require much thought. I think that Some of those that read this thread think he spends much of his time playing golf but no I can assure you all that right now he is probably working on the first draft of the next quarterly report.

Probably extremely hard work on the CEO's part supervising "Jane" the Beancounter
who likely puts more work into them, while Matt drinks all the Coffee in the Office ..

**nztx** · 01-05-2021, 06:41 PM

Originally Posted by kiora

I am nearly 100% sure they wouldn't consider TO

What become of the implication of ore processing at Martha Mine during Broken Hill announcement???
Very curious

Yep that's exactly it -- how many more of these sort of inferences & 'exploring options type' statements
have there been in NTL Announcements in past 10 years, which barely see any further mention or daylight
subsequently .. only to be followed by more statements mostly following the same pattern .. ?

Are they just more NTL Feelgood ? or just Boardroom BS musings thrown in to hopefully put readers off the trail ?

**steveb** · 02-05-2021, 09:18 AM

from the end of 2019:-
 The planning assessment for resource consent application for the long term mine has been completed and subject matter specialists are being recruited. Once the application is submitted the external stakeholders will determine the timing and pathway to long term consenting for the mine. With less than minor environmental effect from the mine development the company is confident in securing the resource consents to mine for the duration of the Mining Permit.
Does anyone know what happened to t5his consent? was it ever filled?

**Brain** · 02-05-2021, 11:31 AM

Originally Posted by steveb

from the end of 2019:-
 The planning assessment for resource consent application for the long term mine has been completed and subject matter specialists are being recruited. Once the application is submitted the external stakeholders will determine the timing and pathway to long term consenting for the mine. With less than minor environmental effect from the mine development the company is confident in securing the resource consents to mine for the duration of the Mining Permit.
Does anyone know what happened to t5his consent? was it ever filled?

We shareholders have been played like a fiddle.

**Paint it Black** · 03-05-2021, 11:03 AM

Originally Posted by elZorro

With the old guard gone from Heritage Gold, and a new ticker for the compacted company interests, I carried out a bit of research a while back and bought some NTL shares.

The main asset for this company is reflected in the name, it's the old Talisman Mine near Waikino. It's not far from Waihi, but the amount of gold at Talisman is not likely to interest Newmont directly. The very rich grades have been mined out apart from one or two newer seams, but of course gold is worth a lot more now. A boutique miner can still do well here I think.

When I started buying shares in Glass Earth, the two companies had about an even Mcap. Not any more, so is NTL a bargain at the moment? Is it a takeover target?

I'm most intrigued that the massive stamper batteries at Waikino were fed from rectangular shafts cut into the hillside at Talisman. The proposal is to use a miniature monorail with specialised carriages to get into the hillside again without a great deal of effort, and bring the good quality ore out with minimal labour. From there it could be processed a little to concentrate it, and then trucked just a few km to the mill at Waihi (assuming Newmont have spare capacity and would entertain this). Not many vehicle movements a day would be required, and there is even a railway for most of the distance, which could perhaps be of use.

All of the area around Talisman was held for a while by Glass Earth Gold, then they relinquished it and Rennison Consolidated (Australian company) took over the permits and more besides. But this company is a real minnow and appears short of cash.

I might be well off target here, but wondered what other shareholders think. A long term investment, perhaps. They deserve a new thread anyway.

Hi Moderators
As other posters are allowed to change the original banner on this thread could I now change it to NTL - New Talisman Gold - IGNORE THE TROLLS.
Thanks