"And it did not hurt to release a resource upgrade at the same time, to deflect attention, a classic political manoeuvre. Julia would have been proud."
Be interesting if the large shareholders who sold down were aware of the resource upgrade though. If not then it would indicate BB has the interests of the loyal at heart.
The upgrade more than replaced depletion, which does tend to corroborate with BB's contention the mine has plenty of life left in it.
Also BB did not sell his stock and he would be more over weighted in NST than just about anyone I would have thought. As much as I thought the placement was ill advised I do believe the sp will soon recover and also do believe through independent research that there is a good possibility of an aquisition given the low CAP and high prospectivity of some gold stocks.
Bit harsh comparing Julia with Bill considering their respcective track records in the last 18 months IMHO.
merger & aquisition imminent!, page-5
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$13.96 |
Change
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Mkt cap ! $16.04B | |||
| Open | High | Low | Value | Volume |
| $14.01 | $14.11 | $13.90 | $45.25M | 3.236M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8578 | $13.95 |
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| Price($) | Vol. | No. |
|---|---|---|
| $13.97 | 5507 | 1 |
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