I to am posting because I hate seeing share holders being given false or hyped up information. This leads to people loosing their homes,marriages,friends. I have seen people get family involved in buying shares to the tune of hundreds of thousands of dollars.Only to find information not being announced by companies,even though they have done due dilligence with their research.Share holders even met up with Management over a few days in WA and were in no doubt that the company would go off big time.They lost a lot of money.
This company needs to keep share holders more informed about drilling,drilling results etc. Get their facts right before announcing plans for the future. Go about the processes in the right order,in a mathodical manner. There seems to be more hope in the projects,rather then knowing for sure what is likely to happen. I believe they have no where near what they hoped they would have in the way of iron ore and grade of iron ore,that is why they are looking to buy and sell other tenements iron ore's to prop up their iron ore resource.
Regards Westcott.
NSL Price at posting:
9.0¢ Sentiment: None Disclosure: Not Held