NTL new talisman gold mines limited

Posted this on the NZ Forum so have copied it here, with some...

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    Posted this on the NZ Forum so have copied it here, with some additional editing:

    I realised at 9.30 there was a meeting in town, so I got a cup of coffee and drove in to see the whites of their eyes when they spoke.
    Very funny actually, arrived late after the boring AGM stuff and got to hear the presentation, the good stuff.

    I like these guys, its like watching comedy central or an episode of the office.
    I see why they stuff up their reports and bumble through messages and releases to the public.
    They are so wound up in what they are doing, they just don't communicate their messages very well.

    But its real folks, the mine is going to be underway, its actually happening, they all seem quite excited.

    Asked about dividends to shareholders, you could see a light bulb explode in Mathew Hills head, "I bloody hope so" is close enough to what he said.

    They refuted that the need more money from shareholders to get the mine operation, and refuted speculation in the past that 25 million or so was needed to do the second part of the operation.

    They are honest and tell you, that their are unknown elements, and questions cant be answered, till further into the process, instead of just telling all the good points.

    No protest issues at all to speak off, just the odd person walking up to have a look.

    Funds from this first stage look set to be applied to the second stage with maybe dividends, but my gut feeling, even though they said they wont know until further down the track, is that they will plough that back into the second stage where there is a lot more gold, and way latter down the track they are prospecting Rahu, they seem excited and confident that they will find good gold segments eventually, they have not legally been able to start drill holes till now.
 
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