http://goldprice.org/charts/history/...15724623575807
Yep, not bad eh.
Printable View
http://goldprice.org/charts/history/...15724623575807
Yep, not bad eh.
I spoke to management at the time of the ASM and one thing that has flown under the radar is that they are expecting any time soon the ruling from Crown Minerals as to whether Rahu is considered contiguous with their existing operation. They seem quietly confident. This holds massive potential upside for NTL and is probably why they haven't been in a particular hurry to nail a JV partner.
Couple of shares at 0.7 for me today :-)
Good buying ......... but why would anyone be selling at 0.7 now when we're not that far off ....... saying that, the chairman's address at AGM didn't reveal a lot ..... maybe more in the next Quarterly Report?
Have put more of my money where my mouth is this morning and happy to pick up another lump (nugget) at 0.8NZD. That's me on bid at 0.8 with the balance of my order. I had topped up about a month ago at 0.7 and was going to sit but decided to lock in a profit else where and load (mother-lode that is) up on NTL with the proceeds.
And a Chinese flop
NTL
29/09/2015 12:26
GENERAL
PRICE SENSITIVE
REL: 1226 HRS New Talisman Gold Mines Limited
GENERAL: NTL: Chinese Investor Update
29th September 2015
FOR IMMEDIATE RELEASE
CHINESE INVESTOR UPDATE: NTL ISSUES LETTER OF DEMAND
New Talisman today announces that investor Mr Yang Xia has failed to settle
the proposed investment by him in 182,855,330 ordinary shares in the company
at a price of .008 per share, as contemplated by the Term Sheet announced on
10th June 2015 between the company and Mr Xia.
The board of NTL is currently considering the options available to it and
taking legal advice. It has issued a letter of demand to Mr Xia.
At the recent AGM NTL shareholders passed a resolution which allows NTL to
complete the transaction contemplated by the Term Sheet without the need for
further shareholder approval.
Matthew Hill
Chief Executive Officer
New Talisman Gold Mines Limited
matt@newtalisman.co.nz
Not great news but hardly unexpected after all this time. Hopefully they can pick up some sort of fee/costs. I doubt whether its worth pursuing legally at any length. Do they really want an antagonistic shareholder?
I still think great things are just around the corner for NTL. Yeah, I know, I'm ever the optimist.
I just grabbed a bunch more at 0.7. Maybe time to put in offers at 0.5