NWC 4.76% 2.0¢ new world resources limited

Ann: Recent Drilling Intersects High-Grade Copper, page-21

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  1. 2ic
    5,923 Posts.
    lightbulb Created with Sketch. 4975
    Communication is management's fault though... You've seen the time and cost to get mining permits in Arizona, the days of very small satellite open pits are over because the overheads added on to small tonnes just dont; make money imo. NWC are looking for big tonnes to make a difference to Antler, after transport, AISC, D&A etc from a satellite operation.

    Blink and you missed the opportunity to get out this morning. Well under water no on my investment to back the man over my better judgement... 50% fall form the PFS is a real fk'n worry given the exploration was supposed to be only chasing incremental value-add tonnes. 1c mike strikes again, and if he can't get on the phone today and drum up support at these low prices (~$40M MC) with $10-15M cash in bank, that screams one hell of a warning imo.

    What about CBUS and the other 'smartest guys in the room' hey @arsenic and @BaltasarG ... what are they thinking right now? Double down on something they may have misunderstood in the heat of a sales pitch, or double down at these bargain prices?

    GLTAH
 
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