NST 1.33% $16.05 northern star resources ltd

just picked up some more, page-7

  1. 4,526 Posts.
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    The Insto's that are leaving will be back & chasing to get back in. If they are selling now they are mugs pure & simple. Remember NST is spending $20M a year in exploration which is huge for a company this size & they could halve that & run for a number of years without detriment to LOM. They just wont grow production & ounces as quickly as they would like. I can't wait until Ashburton is financed & we can start talking about a 200k+ producer. Self-fund with an offtake deal from Sandstorm for 30-40% of capex would do nicely thanks.
 
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