NTU 3.45% 3.0¢ northern minerals limited

Perhaps the market is unfamiliar with the value proposition in...

  1. 630 Posts.
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    Perhaps the market is unfamiliar with the value proposition in the HREE mix that NTU is drilling. If NTU noted that 1% HREE intersection at $US4000 was equivalent to 70g/t gold or 35% copper there may have been more interest.

    As it stands it seem mining down to around 0.2% grade HREE [$US800/t] is available to create a resource base.

    It is an open cut deposit and earlier work indicated the minerals can be liberated with a 90% recovery.

    There are very positive comments in the report about upcoming results - "outstanding" will be converted to a numerical value in 2 weeks.

    Not too many early stage exploration plays look this promising but more results are needed to fill in the story to change it into a potential mining play.


 
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