NWC 3.45% 3.0¢ new world resources limited

Ann: RIU Conference Presentation, page-79

  1. 61 Posts.
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    Share ramping is a form of illegal market abuse that involves talking up the price of particular shares in order to mislead the market. It is also known as 'pump and dump' and 'book ramping'.

    I had to look up what ramping meant.

    in my post I said “on the way to production…”

    supposing antler went into production what would the share price be?

    would it be safe to assume 30c+ ?
    I Can’t find a copper stock that is in production at less than 30c. That’s the reasoning I am using.

    I have no intention to sell until I either
    a) have to
    or
    b) am disappointed with the dividend.

    with respect, it seems from my research, ramping is illegal and I’m not comfortable with statements made of this nature directed at me. i don’t mean to offend if no accusation was intended.


    also, I have stated here many times that I don’t really have any experience and have asked for guidance and assistance with my thinking on many occasions. classic ramper?!

    I stand by my comment though that the share price must pass 30c if the mine is producing and selling copper.

    that stands to reason doesn’t it.

    happy to be taken to school on this point.

    but ramping, no, I hope everybody invests wisely and shares in the profits of the companies they believe in.

    I wouldn’t have said anything… but this is the second time you’ve jumped on one of my posts negatively when I have just written what I think.

    back in 2021 cannacord posted a price target of 30c was that ramping?

    the reason I write my thoughts on the company’s share price is that I believe a buy out isn’t the best outcome- unless your money needs to come out before the timeline indicates production. - in which case sell whenever you have to…if we support the view of the company going into production then we are all swimming in the same direction - as this is the directors intention, wouldn’t this be the best outcome for everyone?

    If I’m wrong, I’m wrong and will apologies, learn and move on.




 
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