NWC 9.52% 2.3¢ new world resources limited

Ann: $8 Million Placement to further expand the Antler Project, page-126

  1. 422 Posts.
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    Responding to arsenics last post here..

    with respect, i am not sure technical jargon or things like 'average timeframes' quoted are for people with no idea on the subject. its aimed at people following the sector and industry and who have some degree of knowledge. I doubt many laymen would understand a major new copper mine takes 10-12 years these days from go to prodn. The average person in the street without an understanding of markets is quite likely to lose a lot of money fast IMO. And really not sure what you mean by someone receiving 'an undisclosed payment'? Surely you are not saying the writer of the article is getting paid off by the companies themselves? 100% incorrect if so IMO.

    NWC within the average timeframe of a new mine now taking up to 10 years (or longer) is relatively short duration looking at around a couple of years, with construction due to start next year. Its probably getting into semantics whether 'near term' is 1-2 years or 3 years but anyway I thought I would pass on the article in good faith. Either way the market is liking Jnr copper plays and specifically NWC recently which is the main thing for holders and I imagine would be bringing a smile to holders
 
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