NIU 0.00% 2.0¢ niuminco group limited

same old garbage imo Though some key points- The directors are...

  1. 13,113 Posts.
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    same old garbage imo

    Though some key points-

    The directors are currently holding discussions in respect of the future composition of the Board and will update shareholders as soon as practicable

    - Perhaps some cohesion now? And unelected spill board members come on?- good news perhaps ie fresh blood

    Drill-rig arrived in Kiunga (Western Province) for 3-hole, 1000m drill program at Bolobip and camp upgrades undertaken.  Second drill-rig prepared for dispatch to May River with camp and airstrip works undertaken at Hotmin camp site.

    - We know its a no brainer drill program...but its been promised for months I will believe it when i see it

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    otherwise...nothing to see here yet

    cash position as at 31st december.....and they state

    "Note: Cash inflows from gold/silver/other sales are estimated at $750,000 "

    Heard that before as well.....but I will wait it out........very cheap company...doesnt mean cheap is good....but sometimes you gotta back the dirt they sit on....I did the same with phoenix gold who evolution mining took over because they liked the dirt so never know....
 
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