As a point of fact - Niuminco doesn't hold the Bolobip tenement.... hasn't held it for 18 months. The May river tenement is worthless without Frieda activating itself.... and Frieda is currently dead in the water and likely to be so even after all of us retire. The only PNG asset of note is the Edie Creek tenement which has had the guts drilled out of it over the years....these pretenders at niuminco have no chance of finding anything material there. just a few pockets of 1kg or 2 kg here and there. Not worth the effort and certainly not worth funding by any rational "investor". The PNG locals pull that quantity out on their own and without needing to be stock market funded
NIU Price at posting:
2.0¢ Sentiment: None Disclosure: Not Held
