NTL new talisman gold mines limited

Disappointing Updates, page-23

  1. 198 Posts.
    Back to my original purchase price... However this was Pre capital raise so adjusted still needs to fall back to $0.002... As @robbo24 has pointed out previously at that market cap NTL is essentially selling as a dual listed shell which is why I saw the downside at that time as minimal...

    When I first brought at $0.004 / $0.005 shortly after it spiked up to $0.017 on the AMER announcement... But instead of closing a deal with AMER they used the opportunity and went into a capital raise... Then they released the statement implying that bulk sampling was going to start in 6 months...

    I sold out as I knew this was overly optimistic for a company that essentially had one employee and a couple of contractors...

    Back then I wasn't even thinking TMP but things like HR, Health and Safety, Protests, Delays that even if they looked like they were making progress would allow a re-entry...

    I guess I saw value in having a partner where others wanted to "go it alone"

    I have brought stocks and never sold them but I saw a massive opportunity cost with holding and praying on NTL to execute
 
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