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2.0¢ niuminco group limited

Well I received the fancy letter in the mail today.Who the hell...

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Michael990

32 Posts.

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12/01/18

22:42

Post #: 30272432
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Originally posted by specgoldbug ↑

My take on this is Tracy saw this board tilt happening long ago....low and behold production had issues even after our equipment upgrades....and subsequently the share price fell and we were close to being wound up. Question I ask myself....was this a tactic to convert wages to cheap shares to sure up his % stake in the company?

I agree NT.....It's not rocket science and they pulled 200oz a day with a sleuth before WW2, and the area has being relatively untouched since.....and its still rich with high grade veins and alarmingly unexplored with modern techniques

I also think once this board tilt is done and dusted....the gold will re-appear. Tracy keeps ramping his 40 tonnes a day number but hasn't achieved anything near it. What does he know that we don't that gives him the right to keep talking up this number?

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Well I received the fancy letter in the mail today.Who the hell buys a new processing plant but feeds it by hand shovels??.I could only imagine the penetration rates with a digger bucket with not teeth.Looks like a total mess going by the letter but I will be making another purchase in the coming months.

NIU Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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