NIU 0.00% 2.0¢ niuminco group limited

$1.5M Cap Cash Neutral Silver-Gold Producer, page-22

  1. 2,156 Posts.
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    Looked into TNT... seems like it is very difficult to get any current info on them.
    Last report showed them losing tenements for ~$200k+ loss
    Drilling results showing very little, but hoping that lab tests will pick up something they missed.
    ~$350k in loans from Niuminco, but have basically said "It's ok because Niuminco will continue to finance us"... Yet Niuminco can't even pay fees to stay listed?

    based on the liquidity, seems like once you buy in, you are forever trapped...

    Still... maybe someone will want to buy this company for some Tax losses on the cheap?

    Seems like one of the many left to languish.

    (Disclosure - came across this stock whilst trying to get an Update on TNT for the MAK threads, as they used to be connected. Was interested to see the topics and volume and then price drop. Ouch)
 
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Currently unlisted public company.

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