NST 0.87% $13.96 northern star resources ltd

watch 4 corners next week, page-24

  1. 1,195 Posts.
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    Lverty,

    If guys who sold out yesterday at 99 cents were suckered... i would like to ask:

    Were the guys who purchased management's shares at $1.30 suckered too?

    Or were existing shareholders suckered when management issued $50m shares in Feb 2012 to outside shareholders.

    Only to then pay a $10m Dividend in Aug 2012 ... after spending $11m on a passive investment in a copper-zinc project.

    I would like to know how many millions in fee's have been paid to bankers for the above three transactions?

    Hopefully in 2013 BB settles down and focusses on extracting gold out of the gold cheaply and selling it

    Personally I would prefer these updates slowed down and they proved that they are getting better at what they do.

    When gold was hovering around 1000 they were generating as much cash as they are now with gold at 1600. Admittedly the mine has been derisked as he mentioned in his presentation...

    I hope this 4 corners program will explain why NST is the best place for my money.
 
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