NWC 3.03% 3.4¢ new world resources limited

Ann: Third rig now drilling to accelerate testing of targets, page-30

  1. 3,715 Posts.
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    They aren't but the PFS is the priority hence the main drilling there.

    The exploration is just that. People may want to CONTACT THE COMPANY and get some info rather than just posting frustrations.

    Just a thought if folks are interested in playing in the spec space for any length of time.

    Otherwise selling up and buying a low valuation dividend paying coal/iron ore play for example might be better for such punters.

    Just trying to keep some perspective.

    There's a gap at 2.9c on the chart which may need closing. Play it accordingly, trade some, keep some, whatever, each to their own. EOFY year selling normally happens this time of year.

    It is what it is and price action is disappointing atm but I've seen this turn in a heart beat over the years and all the same whiny repetitive cry babies just disappear.

    Something to keep in mind.

    NWC will be presenting at gold coast conference on the 19th of this month. Should be some updates then.

    Thus far the technical performance of NwC has been fine and they have been growing the resource regardless of what the faux geological experts post their krap on here. They muddy the waters with non issues. That simple.

    Technical abilities are not the issue and the project is excellent.

    Capital management could be better and a tighter more supportive register would be great. Swaps traders playing this like a fiddle and a lack of cornerstoned support doesn't help either.

    Also lots of folks confused a bull market with smarts and it all shows when the small cap market is in the doldrums last couple years. People need to learn to separate the different causes.

    Looks to be a massive positive backdrop for commodities, be a shame to miss it by not understanding what's in play.

    Just some thoughts. Call the company for proper insights and don't get sucked into the schoolyard antics on here.



    Last edited by BaltasarG: 15/06/24
 
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