Having a read of Silver city minerals 2015 annual report , page 4. They withdrew from the Sellheim gold project due to "Drill results FAILED to meet expectations". You have to wonder if Mr Lake has really done due diligence on this project, or looking after fellow Director and mates. I can't see how we are going to take on such a substantial mining operation here with such poor drill results. Their (Silver city) 2014 Annual report page 7 gives you the results, it's no wonder they sold it.
NIU Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held
