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2.0¢ niuminco group limited

Gold/Silver producing.....cheap cheap, page-19

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specgoldbug

13,113 Posts.

392

27/07/16

16:01

Post #: 18380032
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Originally posted by Beard_of_Zeus ↑

My theory is, at some stage, they will want to do a proper raising. I think, more than likely, they will find something exciting to bring to the market (probably some high gold results), and raise at a much higher SP. Similar to what happened with SCI (from approx 3 cents to a high of 13 cents on Lithium ann, then a raising at 4.5). They share a director.

The major difference is, of course, that NIU is already making money on it's own. So the price after the raising won't be dependent on drilling results, as has been the case with SCI. I'm looking for 1c minimum.

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also looking for a least a bag or 2 from this price.....12 months target on FA alone....but price often moves in anticipation and could be no different here either

NIU Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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