NEO nuenco nl

a correction....., page-36

  1. 9,996 Posts.
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    re: rakia..to meerkat Appreciate your input MK, I believe many longer term holders are having doubts as well - who know's which way it will go?

    You may well be exactly right in your assessment.

    For me, I feel that there are three partners involved here, Nuenco are not the operator, this drilling - mostly all around the same zones - has been going on for too long.

    If there was nothing of a "reasonably" prospective nature, the activity, and spending, would have concluded, some time ago with an announcement saying something like - "shows are present but nothing of commercial viability exists".

    Pure speculation on my part here but the time frame here and the condensed activity within a relatively small section of the overall available prospects, does not support the notion that this is just a pin cushion "punch & hope" prospect.

    I do not mean to suggest that this is a "company maker", but there will be some commercial viability in it. IMO.

    The partner's here, particularly the operator, are certainly not small time junior's, an excellent track record and high conversion rate.

    This is not Nuenco's baby - they share it with some experienced "parents"!

    Profits to all.

    Cheers

    Cabe


 
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