BBB, been following your very negative posts on NST. You haven't addressed one major issue: the entire NST team used to work for Barrick at Plutonic & Kanowna... surely they would know as well as anyone whether they've got a bargain or not, and how much gold is left + potential. No doubt BB & the others will be buying more soon if it's good... that would be the clearest signal.
NST was relatively low on reserves & resources but now have 5 million oz+ resource & 1m oz+ reserve. And they're good, real good. Took Paulsens off IAU for a song & then found 17,000g/t on one hit, paid dividends, made it a 20+ bagger, paid off IAU in a few months, then stashed up tens of millions in cash and bullion.
From a share price of 5c they're now the No.5 goldminer in Australia, with some of the best grades ever found & rising production for the 4th year.
While I appreciate your criticism & the points you make in the interests of balance & raising issues, you're not a p-off IAU shareholder are you?
BTW, I'm in for more around 86c... quite clear which way this is going...
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$17.58 |
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Mkt cap ! $20.21B |
Open | High | Low | Value | Volume |
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2 | 4417 | $17.57 |
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Price($) | Vol. | No. |
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$17.59 | 12366 | 1 |
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1 | 5025 | 17.450 |
1 | 100 | 17.420 |
1 | 37 | 17.350 |
1 | 100 | 17.320 |
Price($) | Vol. | No. |
---|---|---|
17.600 | 10000 | 1 |
17.700 | 2340 | 2 |
17.720 | 114 | 1 |
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