Hi MD,
I guess welcome back. As you know I do not make recommendations but only express my opinions and share my actions.
I have been buying stock from the day of the 20c placement, and have added nearly 3 mil shares to my position. Needless to say I was a significant holder prior to that and hold just over 4% of Nsl.
My logic and math are very simple:
1. Nsl hold 7mil plus at bank
2. CBS holds nearly 5% of nsl at 20c
3. Mr cedric Goode has put in over 1 mil of his own money
4. Now chineese are wanting in @ 10 mil us for 10 % of current mines on the books (that's at least 100 mil usd mc)
5. Current mc of nsl 20 mil aud.
So either all of the high caliber individuals/companies listed above have this totally wrong or the current market conditions halve presented us with an opportunity of a life time.
I have voted with my money. The rest should do their own research and act as they see fit.
Hope this helps.
Good luck to all!
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