I think this is about the True Blue Mine in NSW? Not sure who owns it these days, which stock are you talking about?
AXR is totally stuffed and this recap will restart it. Whether people make money long term depends now on whether they can get that dog Wiluna to perform."
1905 Blue Spec Frank Bullock Walter Hickenbotham P. A. Connolly 3.27.50
http://www.nw-resources.com.au/
Northwest’s Blue Spec Shear gold project, located in the Nullagine goldfield less than 2 hour’s drive from the Pilbara hub of Newman, is one of the highest grade gold projects in Australia with a current JORC resource of 190,000 ounces gold grading 43.3 g/t with excellent potential to significantly expand the resource.
etc etc
AXM Price at posting:
5.1¢ Sentiment: None Disclosure: Not Held