NWC 10.5% 2.1¢ new world resources limited

Ann: Recent Drilling Intersects High-Grade Copper, page-52

  1. 2,542 Posts.
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    This is an exploration punt. We all know the risk is high and unfortunately, this time we went unlucky. We all knew that prolonged no-update of drilling results is a concern, but many holders elected to bet the luck out. For this, I blame nobody else. However, the super duper slow progress on any activity of this company is terrible. Any drilling program, essay etc always takes forever. Due to this, I took a little bit of hope that the delay of result reporting might be due to this "corporate culture". If an experienced and knowlegable investors like @2ic gets trapped in this case, what most others can complain?

    I think nothing wrong for the company try to find more resources. I also think the current assets worth much more than it's valuated today. I just hope the company can change it's slack style, improve its work and capital efficiency drastically. Wake up, Mike!
 
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