Hm, what am I failing to see here,
and please correct me if I am wrong ( I really hope I am)
How is acquiring additional resources ( and potentially creating another hole in the ground for investment revenue to plug), ... advancing the processing and production of the resource we have???
Surely we would want to spend our time and our hard earned investment money on getting the stuff out of the ground, and into saleable gold/silver ingots.
So instead of acquisition of additional sites with future exploration and JORC requirements, that need $$$ to explore and estimate... shouldn't we get a freaking plant for processing !? ...or secure an existing processing place so we can start MINING and getting revenue!!!!!!!!!!
Instead of more dilution and/or debt?
Hey I get it , having more to explore is all good and well, but why buy more "stationary cars" when you haven't even got one that can travel.
Ok so strike 1 Vanuatu ( Another gaping hole to throw money into) , strike 2 Broken Hill ( Another gaping hole...) , strike 3 ( is this going to knock it out of the park) or is another announcement coming for someone to join the party , get on the board, and dilute the shares ???
Man get a plant to process and pour gold already!!!!!!!!!
All in my FRUSTRATED Opinion.
You know what I think would look good as an announcement ???
( I was so hoping this one was going to be it)
"NTL - Secures a PLANT to PROCESS and REFINE ORE.!!!!
Production will commence on the next FULL MOON!!!."
even that will be great IMHO. " Then this will FLY for sure.
C'mon Matt !!!!!
DO SOMETHING that MAKES MONEY not spends it. ( Rant over)
Actually I would expect this to be a great announcement.. if the horse was in-front of the cart, this would have been "wind under its wings.."
But at this point in the process, its an announcement that just puts another Millstone around its frigging' neck.
All IMO DYOR as usual and all the other disclaimers ( I'd Love to year your thoughts)
Ann: NTL ENTERS BINDING OPTION TO ACQUIRE BROKEN HILLS GOLD, page-2
Add to My Watchlist
What is My Watchlist?