NST 0.06% $16.23 northern star resources ltd

a great coup!, page-29

  1. 12,261 Posts.
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    Show me the money. How much money do they have in the bank? $1.36 billion market cap. At some point their cash holdings will need to align to justify their market cap. I've been around the block a few times with WA gold mines. Seen companies come and seen them go. $A10m volume per day is great churn for smart scalpers. Calling it a re-rating. brave. Keep your eye out on what's coming out of Jundee cause that and spin is all that's holding you up at the moment. The gold which will come from the last two fluff announcements is so far off you'll need a telescope to see it. But it didn't stop the SP from running. Someone will get burnt soon.

    Good luck again.

    Eshmun
 
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