Is anyone participating in the capital raising?
What's your thoughts on NIU at this stage?
Edie Creek (PNG) currently producing 30oz gold per month, projected to reach 60-90oz; plus some encouraging drill results in May and a Stage 2 drill program commencing soon.
Bolobip (PNG) and May River tenements extended to 2015, for future exploration.
TNT Mines with inferred tin resources (Tasmania), and possible upgrades following more drilling.
Cash reserves in May at $83,000.
Offer is 1 share for every 5 held, at 0.5c each.
Thoughts?
NIU Price at posting:
0.4¢ Sentiment: None Disclosure: Unspecified
