Been out of the loop with what TL is up to now but looking at the mail and happy to be corrected but between Haggerson,Nedex,Inpex,Kemp,Ol’ mate Pete and Lorraine , Stiffy and Colleen Budge Tracy wants to issue 22m shares at a 10c value because they on majority have been so nice lending the company money over this extended suspended period where I have been diluted from owning 7m shares to owning just 360k at a value of 0$’s and 0 cents according to the PNGX as far as I last noticed. Hmmm maybe I should expect the next post in the mail to be a bill that I owe NIU money. NIU can’t work one project successfully and TL is touting the Sellheim project to have two well established camps, mobile earthmoving plant and equipment and a wet gravity concentrating plant, sounds familiar like I’ve heard this all before on the PNG projects that continuously slowed gold production because of maintenance breakdowns , wet seasons and murders within the camps. Bloody hell im on the Central Coast and my daughter is coming for a couple of days as a yearly thing but very tempted to turn up just to see this conman’s face and if I got started I probably get locked up for the night or more.
NIU Price at posting:
2.0¢ Sentiment: Sell Disclosure: Held
