NIU 0.00% 2.0¢ niuminco group limited

Gold/Silver producing.....cheap cheap, page-253

  1. 3,968 Posts.
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    Well it's been a month plus since they decided to put the CR on 'hold' due to excellent production and sales in June. Since we haven't heard anything, isn't it a fair assumption that management is happy with the cash coming in? So following that line, the annual report will show some good figures, which will then lead to expanding the footprint, get the tin happening, get the rigs to May river. I think the annual report might give us a good indication of where we are headed. I do see the reward factor, but the risk is tiny. Cash flow positive and multiple ore producing veins.
 
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