NRU 0.00% 5.5¢ newera resources limited

worst and best case scenario for shanagan, page-5

  1. 1,099 Posts.
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    NRU is great value here, but only for a rally back to 0.02 maybe 0.025 on any wash test, new hole results. There will be sellers lined up on any short term news. Those of us in over 0.05 will have to wait until JORQ and a JV Partner from China for the Coal, and a JV partner to provide infrastructure (transportation). NRU cannot afford, even if the asset is proven to go it alone and wont become a Miner if thats what anybody is thinking. They will need a solid partner if the SP is to do anything other than rally and sell off again IMHO.
 
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