I bought into this turkey nearly five years ago when it was still striker. I cleared out just over a year ago.
I urge shareholders to look at every 12mnts or so the company reports. They constantly re-invent some dream project to get new capital.
first it was the certianty that the three Merlin pipes were offshoots of one giant pipe deeper down. Just had to wait for the drill results.
Then there was the three step plan to get a mine up by first processing tailings, then excavating the pipe then go for underground. Presumably this has fallen in a heap.
Then the mysterious alluvial diamonds.
Then the hint of gold
Now...... URANIUM !!!
My belief was that mangement were not crooks, but were essentially geologists looking for a way to fund trips to the desert and poke around. NAD never any serious commerical drive or focus.
have not looked at in over year....but suspect not much has changed.
Beware holders
NAD Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held