He has his eyes on all the land that TEU has. Remember NAD had the lease over the land and spun it off as a new float
If you read through NADs ann over the last 2 years you will come to the conclusion that all directors had a self interest, and it was definately not the poor shareholder.
A few years ago they appointed a good md who was focused on minning and he bought shares in the company... he got sacked
Most of the charlatens and spins and carpet baggers have left now, leaving a shell of a company
Its prime takeover
Joe will pick up by taking over NAD and in that vein will take over TEU
A company that was spun off by these "directors"
TEU has some of the best underexplored land in the Territory, besides TUC
Its a given and not even worth following
Anyone want a third hand diamond mine going cheap???
Barramun
NAD Price at posting:
18.0¢ Sentiment: None Disclosure: Not Held
