Originally Posted by
digger
Matt Hill said in the last release that it took ten years for NTL to become an over night success. And that was when the SP was at 1.3 or 1.4. So I would like to go over the evolution of this.
Those of you that have attended the AGM,s of the last few years will know the Wayne Chowles our mining engineer and boss of mine devolement,has spoken about gold resources at NTL. In fact at the last AGM I had the feeling I heard it all before. We have had plenty of hints that gold was there in plentful supply. The results released two weeks ago and the ones about two be released can be seen as a confirmation of what we were led to believe at the agm. I am somewhat suprised that the market is running with it now in such a hard way. I hope it is not getting ahead of itself. To me the proof is in the bulk sampling.
So here is my probability take that gold is present.
10% Announcement at Agm that gold is there in minable quantities.[could be just a bull **** story]
30% first statical samples [interesting but could be salted results as has happened in other parts of the world before]
90% bulk sampling confirms earlier announcements and releases.
It is after bulk sampling that I expected the SP to take off.
Note do your own research the above is just my take.