Gents - this thread is just dragging out the dead .... company financials clearly demonstrate that NIU has barely got two cents to rub together, never mind pay the company's creditors, run the production operations and least of all fantasise about funding expansionary drilling programs...It's obvious that the 62 hole drill program at Edie Creek is a fantasy! Never actually happened! And never will under the current watch. Its just thereto spruik the company and con gullible shareholders.
The ML is still held by NIU till October next year; but be in no doubt - NIU's performance isn't good enough to justify ML renewal, either from a regulator perspective or from a shareholder perspective. Consider the ML gone and make your plans accordingly ....
NIU Price at posting:
0.1¢ Sentiment: None Disclosure: Not Held
