spp, page-12

neo just might be a real dud...... yes, there's a few things to be worried about with NEO. They might have found ok results from drilling - they couldn't straight out lie about that - but my gut tells me to be very cautious with this one.

Obviously, since NEO have released no quantitative data about their 'finds', no certainty is possible in assessing their chances of success - but the way they have released their info, and the fact that no attempt has been made to push the sp leading up to the spp - and no insiders playing with it..... doesn't add up to me.



The two scenarios are:

(a) they haven't found anything of significance.

And yes, I too find it amazing that in light of such supposedly fantastic drilling results that they have been able to acquire more ground - that would mean that some local (who is real close to the action) sells off something about to be proved to be real valuable???? pull the other one people......

(b) they have found a real winner and don't want the spp to be supported, for the good of who? it's only 50 million on offer - bugger all in light of the 700 million fully diluted shares which will be on offer...... under this scenario, as others have said, they'd be better off letting the spp slide away then if they have got a winner doing a placement for 100 million at higher levels.


And one other thing - these posters Capt Salty and Slick Rick. How come they suddenly propose a valuation of over $2 for NEO today, just on the eve of the spp???? this valuation is total and complete rubbish - I'll never trust another post from either of them - not ever. They've lost me forever. Who are they anyway???


Anyway folks - I'm not in any position to make any predictions, all I know is what I read here on my little computer out in cyberspace. I can see the market's price of NEO - the rest is absolute bullshit as far as I'm concerned.

You must make up your own mind. If NEO goes to $10, so be it. If NEO goes to 1c, so be it. It really is your call. And you won't influence it one tiny bit.


Be careful out there.