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2.0¢ niuminco group limited

Regardless.......this is seriously cheap......well below asset...

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specgoldbug

13,113 Posts.

392

17/11/16

09:58

Post #: 20681204
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Originally posted by goldscraper ↑

Has not been a good run in the spec end, but NIU could be a lot more informative

In July everything was great. All cost covered. Making money etc
Then a CR out of the blue, and an unexpected negative result in the quarterly.
No more gold drill releases.
Do not know if the drill rig is on site in Tassie, or has started drilling the tin.
If we do not get some sort of update this week, I will have to weigh up my exposure.
Would have been easier to just park the funds in Telstra or a bank and take the Divvy.
I am sure many holders are feeling the same way.
Companies (especially specs), that do not keep the market informed "P" me off

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Regardless.......this is seriously cheap......well below asset conservative asset values at the moment.....nothing is priced in .....at all

NIU Price at posting: 0.5¢ Sentiment: None Disclosure: Held
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