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2.0¢ niuminco group limited

That's my usual trick! Glad I held on this time.

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727 Posts.

1

08/02/17

10:40

Post #: 22449290
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Originally posted by Andyrooooooo ↑

A solid start to the drills results.

48m @ 1.72g/t is a medium grade however it does start from the surface which is always good.

The higher grades are near the bottom of the drilling which tells me 2 things:

1. The highly profitable ore is 40m underground so our initial ore will not be as profitable.

2. What would they find if they kept drilling?
Is there potential for this high grade if they kept going further?

All in all, this is definitely a buy if your lucky enough to get some at $0.005 to $0.007 and i'm somewhat unhappy that i sold out.
I may try re-enter if i can pick some up in a few months, at my above mentioned price.

Well done guys.

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That's my usual trick! Glad I held on this time.

NIU Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
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