Can only be 1 reason, which is that their strategy is about to change significantly! Bear in mind also that their website incorrectly lists the company as holder of exploration assets like Bolobip (which is no longer their tenement) and May River (which also is no longer their tenement). They do have another tenement (Hotmin, EL2527) which isn't even mentioned and even if the geology looks prospective it's in tough country and will take much more money to explore than the company currently has.
NIU Price at posting:
0.1¢ Sentiment: None Disclosure: Not Held