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2.0¢ niuminco group limited

Ann: Edie Cr Gold Intercepts in JORC Resource Drilling Program-NIU.AX, page-18

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nt_1973_au

8,072 Posts.

107

05/10/16

12:53

Post #: 19637633
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Originally posted by specgoldbug ↑

The only thing that triggered this to be sold below .008 was a decent dump on the 28th Sept into .007 by UBS (possibly Victoria Park Investments waiting notice) and another yesterday into .006 (possibly same mob responsible) - why don't know......but this has triggered a few odd retailers selling (probably at a loss) ......because it's true it's hard to stomach a couple of pips in the red from these prices if you have several million shares...The m/cap is ridiculous.......announcement gone un-noticed as market still playing with rock samples that might have Lithium in them, and gold copped a big smack last night

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as i've said before, with a cr minimum price of 0.4c, it's only logical that the sp is going to stay close to it till the cr is done and dusted.

NIU Price at posting: 0.6¢ Sentiment: None Disclosure: Held
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