NWC 0.00% 3.2¢ new world resources limited

Watched the presso, seemed a little nervous compared to his...

  1. 2ic
    5,735 Posts.
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    Watched the presso, seemed a little nervous compared to his usual emphatic demeanour. Still presses all the right buttons and comparisons, just the more he talks about how important extra truckable tonnes from a new discovery are, while simultaneously dragging out the PFS but pitching SS results on an 18 month old MRE makes me suspicious. "How big is it?" to quote the man from years ago... getting smaller not bigger is the problem.

    Speaking of comps, NWC vs Spartan.. really? Spartan's 950k Oz Never Never is still open at depth and only part of a global Dalgaranga gold project and other satellite deposits. Oh... should mention Spartan also have a fully operational 6 year of 2.5Mt plant worth about $630M capex at today's replacement on care and maintenance while they drill out Never Never and formulate a restart plan in the gold price boom. Cum-PFS, cum-build, cum raise, cum-discovery exploration doesn;t seem a fair comp imho...

    Still waiting on @BaltasarG to give us some geological opinion to back up their smack talk... well, any opinion actually besides copy/paste articles would do???

    "Note the 16 high priority targets mentioned, the geologists in NWC's employ are very knowledgeable in the area, as those of us with Geology backgrounds realise it's more an art than an actual well defined science. Remember that and be mindful whom you listen to in this regard.Lots of rubbish mis-interpretation out there in the cyber realm."

    "Paid by HC or a contracted 3rd party boiler room to generate more controversy as people react and then post and it gets more eyeballs and reactions/activity and selling space to folks whom you want to market with you is all about eyeballs and clicks (Clickbait ins essence), looks to be working by the amount of folks that respond. That's the internet these days, play that game or just ignore and live life without the angst of dealing with such fools, just a thought."
 
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