NRL 0.00% 4.7¢ northam resources limited (application withdrawn 21 november 2022)

Ghostey,At least no one can criticise your love and enthusiasm...

Currently unlisted. Proposed listing date: 16 DECEMBER 2022 12:00 PM AEDT##
  1. 1,211 Posts.
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    Ghostey,
    At least no one can criticise your love and enthusiasm for this stock. Keep posting!
    Unlike some on this forum i believe we are far from screwed. The simple fact is that present market sentiment is brutal, especially toward any stock which leaves its holders hanging as NRL has done on a number of levels - some beyond their control, others not.
    The complete lack of progression due to floods especially on the back of the resignation of the MD has seen NRL's SP get hammered. And so it should.
    Patient lovers of this stock and heart-on-the-sleeve enthusiasts such as Ghostey should be prepared for small movements up and (mostly) down ie short term fluctuations driven by general market conditions and in NRL's case, pessimism and insecurity in the absence of progress and facts.
    On the positive side at least we now have a time line to see whether our belief in this stock is warranted, or a complete farce. Ghostey, you have roughly 2 months to wait. In the meantime stop watching and being affected by the daily/hourly/minutely movements. You have no reason to unless you're trading and profiting/losing on these fluctuations.
    Nothing substatially positive is going to happen to the SP in the absence of drilling results.
    Tune back in as the announcement date approaches and watch the volume and SP start cranking. Punters, traders and bandits like us are extremely wary of this stock and IMO are right in not wanting to miss out.
 
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