Ann: Annual Report to shareholders-NIU.AX, page-5

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specgoldbug

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03/10/16

21:56

Post #: 19593470
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Originally posted by FixItDad ↑

My biggest take out from reading is the last two paragraphs in review of operations page 6 of 54
copied and pasted below

The Major key for me.... is the first line in the last para (In the light of this recent work)
then refer back to 14-7-16 quarterly activities report

The Real Secret - what do you think they think we have!
The rest is spook material for the ones that don't have Balls or for the ladies "tough titties"
Please though DYOR

Exploration continued with sampling and extensive review work done by consulting geologists led by John Nethery who, along with Niuminco’s chief geologist Lewis Koesi, completed 2 drill holes to test the eastern extension of the main Edie Lode (Alpha-East) vein system, and planned a revised 10 shallow hole diamond core drill program for the Enterprise vein system, as well as a 20 shallow hole program for the Karuka vein system

In the light of this recent work and historical geological data and in formation,
the aim of the current drill program is to achieve an initial JORC Resource for the Edie Creek tenements.

FID

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Nice pick up

Yep spook material management and indirect holdings get their final cheap load......or maybe not if the market has smarts

NIU Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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Ann: Annual Report to shareholders-NIU.AX, page-5

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